20 May 2014
KINETICS MEDICAL AND HEALTH GROUP COMPANY LTD AND OTHERS v. DR TSE IVAN CHEONG YAU
- Citation
- KINETICS MEDICAL AND HEALTH GROUP COMPANY LTD AND OTHERS v. DR TSE IVAN CHEONG YAU
- Court
- Court of Appeal
- Case number
- CACV228/2013
The Addendum created a temporary suspension (grace period) of payment obligations while specified trigger events persisted but did not extinguish the defendant's liability; the grace period ended by April 2010 when triggers ceased or obligations to provide support ended, the defendant could not indefinitely postpone payment by failing to agree adjustments, the defendant's damages were limited and were set off against the Balance Price, and therefore the appeal was dismissed and the judgment below upheld.