2 Sept 2025
GLOBAL SPARKLE HOLDINGS IV LTD v. GE YIYANG AND ANOTHER
- Citation
- [2025] HKCFI 3823
- Court
- Court of First Instance
- Case number
- HCA651/2024
The appeals were dismissed and the summons to admit new evidence was refused because the defendants failed to raise any arguable defence or triable issue: the new evidence did not satisfy the Ladd v Marshall criteria and showed no legal duty breached or evidence of bad faith or deliberate injurious conduct by the plaintiffs; likewise the facts did not establish economic duress or illegitimate pressure in the commercial negotiations. Costs were awarded on an indemnity basis pursuant to the contractual indemnity clause, summarily assessed at HK$220,000 per appeal (HK$660,000 total) with certifi…