20 Apr 2011
EURO KING DEVELOPMENT LTD v. HO YU KUEN
- Citation
- EURO KING DEVELOPMENT LTD v. HO YU KUEN
- Court
- District Court
- Case number
- DCCJ1286/2008
The irrevocable PA granted extensive powers (including to lease, charge, mortgage and sell) and was therefore a disposition caught by Condition 4(a); the Third Partys replies did not satisfactorily answer the requisition nor demonstrate that there was no real risk of government enforcement; consequently the Defendant failed to show good title and the title was defective, entitling the Plaintiff to treat the Defendants conduct as repudiation and recover the deposit and specified costs.