EASTERN ALLOYS COMPANY LTD (PLAINTIFF) vs. CHIRANO GOLD MINES LTD (DEFENDANT)

The instant application seeks an order from the court to “set aside the Entry of Judgment filed by the Plaintiff/Respondent on the 24th day of November, 2014 and to stay execution of the judgment of the High Court dated the 13th day of October, 2014 pending the final determination of the application to set aside the Entry of Judgement upon the grounds contained in the accompanying affidavit”. The grounds relied upon by the applicant are particularly stated in paragraphs 12, 13 and 14 and generally in paragraphs 15, 16 and 17 of the supporting affidavits: 12. That the Respondent has endorsed on the said Entry of Judgement “Damages for compensation” in the sum of One Million Three Hundred and Fifty Thousand United States Dollars (USD1,350,000.00) and “Interest at commercial rate from 5th November 2009 to date of final payment” in the sum of One Million, Six Hundred and Eighty Seven Thousand, Five Hundred United States Dollars (USD1,687,500.00). 13. That I am advised by Cou...