HANG LUNG BANK LTD v. ASIA LANDS AND PROPERTIES LTD
The court held that the without prejudice correspondence evidenced an agreement because the defendant accepted the terms in the letters; therefore the correspondence was admissible and established liability for the claimed interest, and the appeal was dismissed with costs.
- Citation
- HANG LUNG BANK LTD v. ASIA LANDS AND PROPERTIES LTD
- Parties
- Plaintiff (respondent): Hang Lung Bank Limited; Defendant (appellant): Asia Lands and Properties Limited
- Court
- Court of First Instance
- Jurisdiction
- Hong Kong
- Judgment Date
- 23 July 1984
- Case Number
- HCA2710/1984
- Procedural Posture
- Civil Contract/debt / Appeal Against Master Hansen's Judgment on Summons Under Order 14 (summary Judgment)
- Outcome
- Appeal dismissed with costs
- Legal Topics
- Without Prejudice Correspondence, Prepayment Surcharge, Interest on Prepayment, Summary Judgment (order 14)
- Source Language
- EN
Case Brief
Summary, issues, holding and outcome
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Parties
Hang Lung Bank Limited
Plaintiff (respondent)
Asia Lands and Properties Limited
Defendant (appellant)
Procedural Posture
Civil Contract/debt / Appeal Against Master Hansen's Judgment on Summons Under Order 14 (summary Judgment)
Legal Issues
- 1 Whether without prejudice correspondence was admissible to establish a binding agreement
- 2 Whether a binding agreement to pay interest was concluded between the parties
- 3 Whether the defendant was liable to pay the claimed interest and related surcharges
Ratio Decidendi
The court held that the without prejudice correspondence evidenced an agreement because the defendant accepted the terms in the letters; therefore the correspondence was admissible and established liability for the claimed interest, and the appeal was dismissed with costs.
Court Disposition
Appeal dismissed with costs
Orders
- Appeal dismissed with costs
Full Case Text
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