23 Dec 1997
TOSHIBA HONG KONG LTD. v. FORMATIVE WAY CO. LTD. and Others
- Citation
- TOSHIBA HONG KONG LTD. v. FORMATIVE WAY CO. LTD. and Others
- Court
- Court of First Instance
- Case number
- HCA4472/1997
The Court held that contemporaneous documents, meetings, correspondence and the parties\' conduct established a genuine pre-existing trading debt and validly executed repayment agreement and guarantees; the Defendants\' allegations of a sham and lack of authority were inconsistent with the documentary record and appeared to be afterthoughts; no bona fide or fairly arguable defence was demonstrated and summary judgment was properly entered; the appeal was dismissed.