- Flynote
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Civil procedure – action by creditor based on acknowledgement of debt which related only to arrears – judgment in favour of debtor on basis that amount of indebtedness not established – subsequent claim by debtor and surety for cancellation of surety bond – given as security for debt – creditor claiming entitlement to security on basis of underlying original causes of debt – acknowledgment of debt reserving creditor’s rights in relation to original causes or finance agreements – whether creditor precluded by res judicata or issue estoppel – not same relief on same ground –– appeal dismissed.
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