12 Jan 2024
HIGH ROUTE LTD v. WONG CHUNG KAI
- Citation
- [2024] HKCFI 75
- Court
- Court of First Instance
- Case number
- HCA320/2019
The Court refused to imply a subjective due diligence termination right because it was unnecessary, vague, inconsistent with express contractual remedies (Clause 8) and would rewrite the parties' bargain; the Schedule 2 clauses expressly precluded any requisition or objection to the identified DLO defect and therefore the defect did not justify non-completion; alleged breach of Clause 3(g)/Companies Ordinance was at best an innominate or minor breach and did not entitle rescission; on the facts the plaintiff repudiated the agreement and the defendant lawfully accepted repudiation and is entit…