21 Mar 2001
Easy On Ltd. v. Heltex Ltd.
- Citation
- Easy On Ltd. v. Heltex Ltd.
- Court
- District Court
- Case number
- DCCJ14555/2000
The court found a binding contract existed but the defendant failed to establish an implied term permitting forfeiture of the deposit nor that the plaintiff was at fault; the parties mutually agreed to cancel and the defendant's promise to return the deposit was supported by consideration; the HKD 50,000 compromise was enforceable; judgment awarded to plaintiff for HKD 429,087.53 with interest and counterclaim dismissed.