29 Jun 2021
QL CREDIT GAIN FINANCE CO LTD, previously known as HONG KONG CREDIT GAIN FINANCE CO LTD and KP FINANCIAL SERVICES LTD v. MORTGAGE & CREDIT LTD), previously known as AA MORTGAGE LTD and FULLYWELL CREDIT LTD
- Citation
- [2021] HKDC 628
- Court
- District Court
- Case number
- DCCJ6940/2020
Default judgment entered for plaintiff on the ground of unjust enrichment: defendant was enriched by HK$1,280,500 at plaintiff's expense and no valid defense was shown; constructive trust/declaratory proprietary relief refused because plaintiff failed to trace the Sum or show it remained identifiable; interest awarded at commercial rate (prime minus 2.5%) from writ and costs assessed at HK$39,565.