Hong Kong Case Law: Decisions & Judgments | LexChat

Topic

Forfeited deposits

Legal area

Court

14 Sept 2023

CAPITAL CENTURY TEXTILE CO LTD v. LI DIANXIAO AND ANOTHER

Citation

[2023] HKCFI 2053
Court

Court of First Instance
Case number

HCA263/2012

The application for a stay pending appeal was dismissed because the appeal was assessed as having no merit and the applicant failed to demonstrate the additional reasons required to justify a stay; therefore the trial judge's factual findings and orders (including orders to account) should stand.
22 Jan 2008

ORIENTAL SHARP LTD v. HONG KONG HOUSING AUTHORITY AND ANOTHER

Citation

ORIENTAL SHARP LTD v. HONG KONG HOUSING AUTHORITY AND ANOTHER
Court

Court of Appeal
Case number

CACV426/2006

Special Condition 24(a)(ii)II applied to the 946 defaults so Oriental Sharp was entitled only to the guaranteed sum ($15,000 per sq. m.) accounted for with reference to deposits; cancellation agreements did not negate the applicability of the Special Conditions or alter third‑party rights; the tort claim failed for lack of causation and no wrongful interference, therefore the appeal is dismissed.