19 Jan 2018
CCM EARTH LTD AND OTHERS v. ALFA GCM LTD
- Citation
- [2018] HKCFI 85
- Court
- Court of First Instance
- Case number
- HCA1210/2016
The default judgment is set aside conditional on payment into court of HK$1,000,000 because the defendant has shown a realistic prospect of successfully defending the claim on matters of oral credit, inducement and fraud which require trial, while the defendant's unexplained delay and participation in the Order 37 assessment justify imposing a payment-in condition.