5 Jan 2026
WELL DYNASTY DEVELOPMENT LTD v. CLAREVILLE ENTERPRISES LTD AND ANOTHER
- Citation
- [2026] HKCFI 72
- Court
- Court of First Instance
- Case number
- HCMP478/2019
The Court found the alleged oral Collateral Agreement did not exist: contemporaneous documents and credible bank evidence contradicted Wilfred's account; Dicky/DSC were not in financial distress and no security by way of the Properties was required by the bank; the asserted acts of occupation, payments and correspondence were not unequivocally referable to the alleged buyback and rent‑free arrangements and therefore did not constitute part performance or give rise to estoppel; accordingly HCA 1842 was dismissed and HCMP 478 succeeded, Well Dynasty being entitled to vacant possession and agree…