5 Nov 2021
PEARL BLUE INVESTMENT LTD v. FIE CO LTD
- Citation
- [2021] HKDC 1266
- Court
- District Court
- Case number
- DCCJ4934/2019
The defendant failed to prove it had reinstated the common areas to the manager's satisfaction or that any licence authorised the alterations; the 7 April 2017 undertaking was binding to stakehold funds for outstanding works; consequently the plaintiff is entitled to judgment for HK$623,100 together with interest and costs, and the stakeheld HK$300,000 may be released only after full payment of judgment, interest and costs.