6 May 2015
HANG SENG BANK LTD v. GAINTEX GARMENT COMPANY LTD
- Citation
- HANG SENG BANK LTD v. GAINTEX GARMENT COMPANY LTD
- Court
- Court of First Instance
- Case number
- HCA1789/2011
The Factoring Agreement effected an equitable assignment of Seven Seas' debts to the Bank which vested the debts in the Bank; adequate notice was given and, in the absence of any defence by Gaintex, the Bank was entitled to judgment for the assigned sums together with interest and costs.