22 Oct 2021
CASTLE GLOBAL LTD v. IP TAI HOI PAUL
- Citation
- [2021] HKCA 1540
- Court
- Court of Appeal
- Case number
- CACV255/2020
On an objective reading of the 27 February and 11 March correspondence the plaintiff did not unequivocally affirm the Agreement because it expressly reserved its rights and treated the defendant's non‑delivery of accounts as continuing repudiatory breaches; clause 16(b) is plain in its wording and applies to a vendor's failure to complete however caused, entitling the purchaser to a refund of the deposit and payment of an equivalent sum; appeal dismissed.