22 Jun 2010
LAU KOON FOO v. CHAMPION CONCORD LTD AND ANOTHER
- Citation
- LAU KOON FOO v. CHAMPION CONCORD LTD AND ANOTHER
- Court
- Court of First Instance
- Case number
- HCCL5/2010
Clause 16 was not triggered because, on its plain wording, its operation required an explicit adverse decision by the DLO not to give consent and a consequent contest by Champion Concord on or before the Long Stop Date; those conditions were not satisfied, so Clause 15 operated and the sale and purchase was automatically cancelled as at the Long Stop Date.