4 Sept 2017
DBS BANK (HONG KONG) LTD v. HUNTER SOCKS & APPAREL INTERNATIONAL LTD AND OTHERS
- Citation
- DBS BANK (HONG KONG) LTD v. HUNTER SOCKS & APPAREL INTERNATIONAL LTD AND OTHERS
- Court
- Court of First Instance
- Case number
- HCMP2241/2016
The court found multiple disputed issues of fact and law requiring trial (misrepresentation, alleged common understanding and authority of bank staff, applicability of contractual estoppel and UCO, discharge/variation of guarantees, set‑off and prevention principle). Accordingly summary determination of part of the Bank's claim was refused; HCMP 2241 was ordered to continue as if begun by writ and to be consolidated with HCA 1447 with directions for pleadings and costs ordered nisi to be costs in the cause.