4 Oct 2004
TRAFFIC STREAM INFRASTRUCTURE CO LTD AND OTHERS v. FULL WISDOM HOLDINGS LTD AND OTHERS
- Citation
- TRAFFIC STREAM INFRASTRUCTURE CO LTD AND OTHERS v. FULL WISDOM HOLDINGS LTD AND OTHERS
- Court
- Court of Final Appeal
- Case number
- FAMV15/2004
Leave to appeal refused because the evidence of PRC law relied on by applicants was unsatisfactory and inadmissible as a basis to resist summary judgment, and because applicants conceded the JV contracts were valid at inception and only 'became' illegal (if at all) after the State Council Notice, thereby engaging clause 501(11)(c) which negated any mutual mistake defence; no question of great general or public importance arose and there was inexcusable delay.