22 Nov 2013
BRIO ELECTRONIC COMMERCE LTD v. TRADELINK ELECTRONIC COMMERCE LTD
- Citation
- BRIO ELECTRONIC COMMERCE LTD v. TRADELINK ELECTRONIC COMMERCE LTD
- Court
- Court of First Instance
- Case number
- HCA1714/2010
Court found Tradelink breached Clause 4 of the 2006 Agreement by making misrepresentations to Radica and Hankyu and that Clause 6(d) (HK$5,000,000) was a valid liquidated damages clause (not a penalty) because it reflected a genuine pre-estimate of loss arrived at after negotiation; judgment for Brio for HK$5,000,000 with interest and costs; Tradelink's counterclaim dismissed.