12 Nov 2004
CHINA GREAT WALL FINANCE CO v. WONDERYOUTH INDUSTRIES LTD
- Citation
- CHINA GREAT WALL FINANCE CO v. WONDERYOUTH INDUSTRIES LTD
- Court
- Court of Appeal
- Case number
- CACV394/2003
The Supplemental Agreement, being a self-described settlement, was an independent and enforceable contract notwithstanding the Loan Agreement's invalidity; the Defendant failed to discharge the evidential burden to treat disputed transfers as repayments to the Plaintiff, so the indebtedness remained; paragraph (3) was too vague and unworkable and was therefore void for uncertainty; the judge did not err in awarding statutory interest and the award should not be disturbed.