22 Dec 2006
SECRETARY FOR JUSTICE v. THE HONG KONG & YAUMATI FERRY CO LTD AND ANOTHER
- Citation
- SECRETARY FOR JUSTICE v. THE HONG KONG & YAUMATI FERRY CO LTD AND ANOTHER
- Court
- Court of First Instance
- Case number
- HCA15329/1999
The Indemnity Agreement did not contain an implied enforceable obligation to negotiate in good faith; the Side Letter created monitoring obligations (to provide and permit verification of contractor claims) but did not impose a duty on Government to supervise or guarantee contractor performance; Government acted reasonably in its premium assessment and in terminating negotiations; letters of demand complied with clause 5; Government is entitled in principle to recover unpaid additional costs under the amended Indemnity Agreement, including retraction of credits for omitted items and reasonabl…