12 Mar 2025
LEE ON WAI v. ATHORA LUX INVEST S.C.SP. - LOAN ORIGINATION AND ANOTHER
- Citation
- [2025] HKCFI 1036
- Court
- Court of First Instance
- Case number
- HCSD7/2024
Applicant failed to adduce credible evidence of a substantial dispute on liability or of a common mistake; the SDs sufficiently identified the basis of the debt and were validly served through the Agent; contractual clauses allocate risk to guarantors and waive defenses; residual discretion did not require intervention; late affidavit was inadmissible and would not have changed the outcome; application dismissed and creditors authorized to present bankruptcy petitions.