12 Oct 2016
LUCKY POWER LTD v. LAM, PHILIP YUNG TAK
- Citation
- LUCKY POWER LTD v. LAM, PHILIP YUNG TAK
- Court
- Court of First Instance
- Case number
- HCA1785/2012
The Memorandum created an equitable mortgage; Lucky Power, as purchaser of Mr Casadei's interest, was entitled to exercise the equitable right of redemption by paying the principal of HK$320,000 (no interest), and upon payment Mr Lam and Education must deliver all title deeds and vacant possession of the Lots (including the Green Area); costs ordered in favour of Lucky Power (order nisi).