7 Feb 2017
MAYER CORPORATION DEVELOPMENT INTERNATIONAL LTD v. ALLIANCE FINANCIAL INTELLIGENCE LTD AND OTHERS
- Citation
- MAYER CORPORATION DEVELOPMENT INTERNATIONAL LTD v. ALLIANCE FINANCIAL INTELLIGENCE LTD AND OTHERS
- Court
- Court of First Instance
- Case number
- HCCL2/2016
The Statement of Claim disclosed no reasonable cause of action against the 4th & 5th defendants because Mayer failed to plead or prove that B&A knew of, adopted, or knowingly relied on any fraud; the purported fresh evidence is not newly discovered or, alternatively, could have been obtained with reasonable diligence and is not sufficiently material to have changed the outcome. The action is struck out as disclosing no reasonable cause of action and as an abuse of process; Mayer ordered to pay the defendants' costs.