1 Aug 2007
GLYNHILL INTERNATIONAL LTD v. BELFORD PACIFIC LTD AND ANOTHER
- Citation
- GLYNHILL INTERNATIONAL LTD v. BELFORD PACIFIC LTD AND ANOTHER
- Court
- Court of First Instance
- Case number
- HCA2937/2002
The court held that the 9 October 1998 memorandum as varied by subsequent correspondence bound Chau to be personally liable for three-fourths of the loan; the memorandum was rectified to record the correct US dollar allocations and Chau was declared liable to indemnify the 2nd defendant for sums paid under the consent order (US$244,972.79), with interest at half the judgment rate until judgment and at the judgment rate thereafter, and costs to the 2nd defendant.