15 Nov 2018
PT ARK VISI TEKNIK v. THE OWNERS AND/OR DEMISE CHARTERERS OF THE SHIP AND OTHERS
- Citation
- [2018] HKCFI 2587
- Court
- Court of First Instance
- Case number
- HCAJ109/2017
The court found the invoices and contemporaneous documents established the Plaintiff as the contracting party and that the Defendants had no bona fide defence to the first two transactions; accordingly judgment was entered for the principal sums for those transactions and interest awarded at prime plus 1% from invoice date until decision and at judgment rates thereafter. The court ordered security for costs of HK$700,000 for the remaining defended third transaction because the Plaintiff is a foreign company with no Hong Kong assets and the claim on the third transaction is disputed.