The plaintiff sought summary judgment for a debt of approximately €511,000, claiming it was assigned to him by a German bank.
The defendants admitted the debt but disputed the validity of the assignment under German law.
The court, relying on uncontradicted expert evidence regarding German law, found that the plaintiff failed to provide sufficient evidence to prove a valid assignment, including bilateral execution, clear identification of the assigned claim, proof of signatory authority, and proper notice to the debtors.
The court determined there was a genuine issue requiring a trial and dismissed the motion for summary judgment, ordering the plaintiff to pay the defendants' costs.
