Hong Kong Case Law: Decisions & Judgments | LexChat

Hong Kong Case Law

Completion conditions
  • 6 Jan 2025

    HIGH ROUTE LTD v. WONG CHUNG KAI

    Citation
    [2025] HKCA 42
    Court
    Court of Appeal
    Case number
    CACV51/2024

    The Court refused to imply the plaintiff's proposed due diligence and completion terms because the strict necessity test was not met: the PSP already allocated risk and remedies by express terms (clauses 3, 4, 7 and 8 and schedule 2), implying the terms would contradict and rewrite the commercial bargain; the proposed terms were unnecessary for commercial coherence and lacked pleading and temporal/ scope limits; consequently the plaintiff's refusal to complete amounted to repudiation which the defendant validly accepted, entitling forfeiture of deposits.