8 Jun 2020
HARBOR PROSPER (HK) INVESTMENTS LTD v. HE JIANLIANG AND ANOTHER
- Citation
- [2020] HKCFI 1144
- Court
- Court of First Instance
- Case number
- HCA1296/2019
Defendants failed to establish any arguable defence or triable issue: the circumstances of signing did not amount to undue influence; the obligation to "procure" registration required securing the registration rather than merely using best endeavours; there was no waiver by the plaintiff; the proposed debt restructuring never became effective and so did not discharge the debt or guarantees; and the reservation of rights in the guarantees preserved defendants' liability. Consequently summary judgment was entered for the plaintiff for the claimed sum with interest.