25 May 2001
EMPEROR FUTURES LTD. AND ANOTHER v. LA BELLE FASHIONS LTD. AND ANOTHER
- Citation
- EMPEROR FUTURES LTD. AND ANOTHER v. LA BELLE FASHIONS LTD. AND ANOTHER
- Court
- Court of First Instance
- Case number
- HCA12310/1997
The court accepted the plaintiffs' factual account and documentary evidence, rejected the defendants' allegations of misrepresentation and undue influence, found the transfer to be an accounting mistake which the guarantor subsequently authorized in substance, found no proven breach of HKFE rules incorporated into contract, held that written demand was properly served, and therefore entered judgment for the plaintiffs for the debit balances with contractual interest and dismissed the counterclaims.