20 Sept 2021
HOLDWIN LTD v. PRINCE JEWELLERY AND WATCH CO LTD (formerly known as SUCCESS LIGHT INVESTMENTS LTD
- Citation
- [2021] HKCFI 2735
- Court
- Court of First Instance
- Case number
- HCA414/2021
Defendant failed to show an arguable defence: Covid-19 did not frustrate the lease because obligations remained performable and the pandemic did not radically change the identity of the lease; the Rent Abatement Clause applies to physical damage or inaccessibility and not to a pandemic; the Plaintiff validly affirmed the lease and may sue for the agreed sums; summary judgment granted for the Plaintiff.