4 Jul 2023
HONG KONG TOPKEY LTD v. WINTAC (HONG KONG) LTD AND ANOTHER
- Citation
- [2023] HKCFI 1711
- Court
- Court of First Instance
- Case number
- HCA667/2022
Defendants failed to establish any triable or arguable defence: the pleaded representations, read in context and including defendants’ own admission that repayment was to be effected by sale proceeds, did not extinguish or release liabilities; unpleaded defences could not be relied upon without leave to amend per Kaefer; the proposed new evidence did not satisfy the Ladd v Marshall criteria and would not have an important effect; accordingly the Master’s summary judgment is affirmed and the appeal dismissed.