26 Feb 2026
DEUTSCHE BANK AKTIENGESELLSCHAFT ALSO KNOWN AS DEUTSCHE BANK AG ACTING THROUGH ITS SINGAPORE BRANCH v. ORIENT PROFIT INVESTMENT LTD AND ANOTHER
- Citation
- [2026] HKCFI 910
- Court
- Court of First Instance
- Case number
- HCMP734/2024
The court upheld the solicitor-and-own-client costs order against Mr Lam on the basis of the guarantee's contractual provision and the court's adverse findings about his credibility; granted certificates for two counsel in both actions because of complexity and consequences; rejected Orient Profit's argument to cap its costs liability to mortgage proceeds because the court's discretion cannot be fettered by the Second Mortgage and because Orient Profit's defence lacked merit; and held that costs (including those of the variation applications) are to be taxed and assessed by the master rather…