22 Apr 2026
GLOBAL ENTERPRISES CORPORATION LTD v. TOMY INDUSTRIAL CO LTD AND ANOTHER
- Citation
- [2026] HKCFI 2280
- Court
- Court of First Instance
- Case number
- HCA2076/2023
The appeal is dismissed because the Master did not err in law or act unreasonably: the Master reasonably concluded a binding settlement was reached on the evidence and, alternatively, properly assessed the merits of the setting aside application; the Ladd v Marshall material was admitted but did not materially affect the outcome; accordingly the Master's Costs Order is upheld and the plaintiff must pay the defendants' costs of this re‑hearing in the sum awarded.