6 Oct 2006
YORK FIDELITY LTD v. KAM FAI TRADING CO LTD
- Citation
- YORK FIDELITY LTD v. KAM FAI TRADING CO LTD
- Court
- Court of First Instance
- Case number
- HCMP1576/2005
The judge accepted the Plaintiff's account as credible, found that the loan was advanced on 30 January 2004 and that the subsequent loan agreement, guarantee and mortgage related to that past advance (the documents were properly executed as deeds), and therefore the Defendant is bound and in default; accordingly Plaintiff is entitled to possession and a money judgment calculated under the mortgage terms.