14 Jun 2024
SAM YU LIK ERIC v. CHAO CHIUNG YO (趙祟岳), the sole executor of the estate of LEUNG HING SHAN (梁慶珊),deceased
- Citation
- [2024] HKCFI 1377
- Court
- Court of First Instance
- Case number
- HCMP15/2023
The Vendor failed to show good title and did not satisfactorily answer requisitions (in particular the Vendor's lack of clear power to sell the parking space under the Will), thereby committing a repudiatory breach which the Purchaser validly accepted; clause 7 providing liquidated damages of HKD 2,100,000 was not a penalty and is enforceable; the Purchaser is entitled to liquidated damages, interest and an indemnity in respect of any estate agent commission payable; equitable lien need not be declared because security had been paid into court.