17 Nov 2005
CANYON DEVELOPMENT LTD v. CHINA LINK CONSTRUCTION CO LTD
- Citation
- CANYON DEVELOPMENT LTD v. CHINA LINK CONSTRUCTION CO LTD
- Court
- Court of First Instance
- Case number
- HCA3271/2002
The Novation Agreement's clause 1 was properly effectuated by the Equipment Lists together with the Plaintiff's final invoice, the Defendant remained liable for pre-novation hire and loss-on-hire (with a quantified correction), the HK$93,607.42 payment did not discharge wider liabilities, estoppel failed, and judgment is entered for the Plaintiff for HK$1,372,813.55 with statutory interest from 11 July 2002 at prime+1%.