22 May 2007
HOLYROOD LTD v. BANK OF CHINA (HONG KONG) LTD
- Citation
- HOLYROOD LTD v. BANK OF CHINA (HONG KONG) LTD
- Court
- Court of First Instance
- Case number
- HCA2656/2004
The court upheld the Master's order refusing to strike out the plaintiff's amended statement of claim because it was not plain and obvious that the plaintiff's case on an implied term, the conclusive effect of the bank's demand, the causal chain to receivership, and limitation/estoppel issues would fail; factual investigation of the matrix may be necessary and the plaintiff's claims are arguable and therefore must proceed.