16 Dec 2015
RYDER INDUSTRIES LTD (FORMERLY SAITEK LTD) v. TIMELY ELECTRONICS CO LTD
- Citation
- RYDER INDUSTRIES LTD (FORMERLY SAITEK LTD) v. TIMELY ELECTRONICS CO LTD
- Court
- Court of Final Appeal
- Case number
- FACV13/2015
Appeals dismissed. Applying conflict of laws principles, the court held there was no basis to deny enforcement of the Hong Kong governed contracts despite some breaches of PRC law in performance: performance was not shown to be necessarily illegal, the parties did not agree to an illegal scheme, the foreign breaches were not shown to be sufficiently serious or iniquitous to trigger the Foster/Regazzoni public‑policy bar, and the claimant did not need to rely on illegality to establish the debt; accordingly the contractual obligations and guarantor liability are enforceable in Hong Kong.