30 Dec 2010
HOLLYWOOD PALACE CO LTD v. TRANS-GLOBAL HONG KONG INVESTMENT LTD AND ANOTHER
- Citation
- HOLLYWOOD PALACE CO LTD v. TRANS-GLOBAL HONG KONG INVESTMENT LTD AND ANOTHER
- Court
- Court of First Instance
- Case number
- HCMP151/2010
The court found the 1st Defendant's defence to be shadowy: there was no satisfactory evidence that Advance China acted as the Plaintiff's agent, the Tenancy Agreement was not shown to be a sham, and no irrevocable licence or estoppel was made out; given the high test for interim payment and the risk that the 1st Defendant may be unable to satisfy a judgment, it was sensible and desirable to order interim payment of mesne profits of HK$6,500,000 (HK$500,000 per month for 13 months) and ongoing monthly interim payments of HK$500,000 until possession or further order.