28 Apr 2009
CITIBANK, N A v. LEUNG RONALD DING BONG
- Citation
- CITIBANK, N A v. LEUNG RONALD DING BONG
- Court
- Court of First Instance
- Case number
- HCA2683/2008
Summary judgment was refused and the defendant was granted unconditional leave to defend because the recorded telephone transcripts and the pleadings raise arguable triable issues about whether the defendant gave immediate liquidation instructions, whether the bank improperly delayed or required cash, whether the bank fulfilled duties to propose options or use client assets, and whether acting as counterparty creates issues that cannot be resolved on paper and therefore require a trial.