Hong Kong Case Law: Decisions & Judgments | LexChat

Topic

Arbitration costs

Legal area

Court

13 Apr 2021

ITIRO CORPORATION BVI v. THE OWNER AND/OR DEMISED CHARTERERS OF THE SHIP OR VESSEL “ANGELIC GLORY”

Citation

[2021] HKCFI 1192
Court

Court of First Instance
Case number

HCAJ90/2020

The court rejected the Plaintiff's claims for additional hire arising from the Addendum and for arbitration costs because the Plaintiff failed to prove lack of consideration or duress and the point was at best arguable; the solicitor's affidavit contained impermissible submissions and could not sustain those claims; after deducting those heads the Plaintiff proved entitlement to US$108,475.07 and default judgment was entered for that sum.
22 Jul 1999

STANDARD CHARTERED BANK AND ANOTHER v. SHANTOU INTERNATIONAL TRUST AND INVESTMENT CORPORATION

Citation

STANDARD CHARTERED BANK AND ANOTHER v. SHANTOU INTERNATIONAL TRUST AND INVESTMENT CORPORATION
Court

Court of First Instance
Case number

HCA10174/1997

The court granted partial summary judgment: the guarantee is enforceable at least to the extent of the indebtedness admitted and paid into court (12,175,113.76), dismissed the defendant's bare assertion of PRC law invalidity for want of particulars, rejected deduction of arbitration costs from the indebtedness, indicated that 23,929,262.81 with 5.25% interest would be the sum for which judgment ought to be given, but refused to grant summary judgment for the remaining balance and gave the defendant unconditional leave to defend as to that balance.