24 Oct 2013
INDUSTRIAL AND COMMERCIAL BANK OF CHINA (ASIA) LTD v. FONG WAI NAM WILLIAM
- Citation
- INDUSTRIAL AND COMMERCIAL BANK OF CHINA (ASIA) LTD v. FONG WAI NAM WILLIAM
- Court
- Court of First Instance
- Case number
- HCA1799/2011
Appeal refused because defendant failed to give a satisfactory reason for non-attendance and his proposed defences lacked a real prospect of success: he consented to the additional security and cannot rely on alleged breach between bank and government to invalidate his guarantee due to privity and the terms of the guarantee.