17 May 2010
BANK OF CHINA (HONG KONG) LTD v. CERTAIN AIM LTD
- Citation
- BANK OF CHINA (HONG KONG) LTD v. CERTAIN AIM LTD
- Court
- Court of First Instance
- Case number
- HCMP1272/2007
The court found service was validly effected in compliance with Companies Ordinance requirements and the judgment was therefore regular; the Defendant failed to demonstrate a meritorious defence with a real prospect of success because there was insufficient credible evidence of any binding 'locked price' agreement and contemporaneous documents contradicted that claim; accordingly the application to set aside the default judgment was refused and costs were ordered to the Plaintiff.