13 Apr 2015
MARYO DEVELOPMENT LTD v. TSANG YAU MAY
- Citation
- MARYO DEVELOPMENT LTD v. TSANG YAU MAY
- Court
- Court of First Instance
- Case number
- HCA271/2013
D3's application to set aside the regular default judgment was dismissed because he failed to demonstrate a meritorious defence with a real prospect of success: his evidence contained material commercial implausibilities and inconsistencies (timing and matching of payments, acceptance without pursuing outstanding balance, lack of credible explanation of business arrangements and valuations), he delayed about six months without satisfactory explanation, and setting aside would prejudice the plaintiff which had already altered its position; accordingly the court refused to set aside the judgmen…