Hong Kong Case Law: Decisions & Judgments | LexChat

Hong Kong Case Law

Money lenders ordinance obligations
  • 25 Mar 2019

    EGO FINANCE LTD v. LAI KA WAH

    Citation
    [2019] HKDC 205
    Court
    District Court
    Case number
    DCCJ3955/2018

    The application for leave to appeal was refused because the proposed appeal had no reasonable prospect of success: the loan agreement had been terminated before the defendant requested a settlement statement so s19(1) did not apply; the indebtedness and amounts were sufficiently disclosed in the plaintiff's pleadings and affidavits; the defendant's contrary contention was implausible and undermined by his own payment of $19,000; accordingly there were no other reasons warranting permission to appeal.