24 Nov 1995
HUA CHIAO COMMERCIAL BANK LTD. v. YANG HSIANG YANG and Another
- Citation
- HUA CHIAO COMMERCIAL BANK LTD. v. YANG HSIANG YANG and Another
- Court
- Court of First Instance
- Case number
- HCMP3816/1992
Judge accepted Mr Yang's evidence that he was told by the branch manager that his liability would be limited to HK$400,000 and would not extend to Asia's pre‑existing debts; given the branch's involvement and pressures from head office the representation was made and induced execution of the Legal Charge, so the Legal Charge was set aside and the Bank's claim dismissed.