15 Aug 2005
CHIYU BANKING CORPORATION LTD v. WAH LOON PACKING & STATIONERY CO LTD AND OTHERS
- Citation
- CHIYU BANKING CORPORATION LTD v. WAH LOON PACKING & STATIONERY CO LTD AND OTHERS
- Court
- Court of First Instance
- Case number
- HCA472/2003
D3 was an experienced commercial actor who repeatedly negotiated and executed security documentation; his allegations of misrepresentation and undue influence are unsupported by contemporaneous documents and are not credible; therefore there is no reasonable probability of a real defence to the guarantees and summary judgment was correctly entered; the appeal is dismissed.