Hong Kong Case Law: Decisions & Judgments | LexChat

Hong Kong Case Law

Indorsement/endorsement
  • 15 Jun 2012

    HO SHUI CHEE v. HU XUAN MING RAYMOND AND ANOTHER

    Citation
    HO SHUI CHEE v. HU XUAN MING RAYMOND AND ANOTHER
    Court
    Court of First Instance
    Case number
    HCA1559/2011

    The court found the cheques were delivered operatively as security and payable on demand; the defendants' oral agreement claiming conditional delivery to defeat liability was inadmissible as contradicting the written instruments and was inherently unbelievable on the facts; the cheques were supported by consideration (the loans) and the second defendant signed as indorser such that the plaintiff, as holder in due course of at least two cheques, was entitled to summary judgment on the loans claim for HK$1,000,000; only cheque no. 483722 raised a triable issue but that did not prevent summary j…