Hong Kong Case Law: Decisions & Judgments | LexChat

Hong Kong Case Law

Banking ordinance s94
  • 22 Feb 2024

    YOUNG CRYSTAL LTD AND OTHERS v. HANG SENG BANK LTD

    Citation
    [2024] HKCFI 525
    Court
    Court of First Instance
    Case number
    HCA1710/2021

    The Statement of Claim, as drafted and after operation of the consent unless order, is incoherent and fails to particularise the crucial fraud/misrepresentation allegations (paras 32–35 having been struck out by the unless order); the deceit, Banking Ordinance and Basic Law claims are inadequately pleaded and unsustainable on the present materials; P3's Basic Law claim is totally unsustainable and is dismissed; P1 and P2 are given one final opportunity to apply for leave to file a fresh Statement of Claim under a strict timetable; costs of the summons ordered on an indemnity basis to defendan…