19 Aug 2022
PT ASURANSI TUGU PRATAMA INDONESIA TBK (formerly known as PT PRATAMA INDONESIA) v. CITIBANK N.A.
- Citation
- [2022] HKCA 1202
- Court
- Court of Appeal
- Case number
- CACV548/2018
Leave to appeal was granted because the two questions are arguable, of general importance to the banking industry and customers, and not settled by the CA Judgment; the CA had held that the banker-customer relationship can be terminated by unilateral act and that the plaintiff’s cause of action accrued on account closure making the claim time-barred, and that contributory negligence is available where contractual and tortious duties coexist.