16 Jan 2026
DBS BANK (HONG KONG) LTD v. HAPPY GLOBAL INC LTD AND ANOTHER
- Citation
- [2026] HKCFI 401
- Court
- Court of First Instance
- Case number
- HCMP71/2025
The court held that the defendants raised sufficiently credible triable issues: (1) DBS Bank issued demands without identifying an Event of Default or explaining reasons for calling in instalment loans, making the validity of the demand arguable; and (2) there is an arguable breach of banker-customer confidentiality by DBS that may have caused CNAM to lose a major client with consequential inability to repay, invoking the prevention principle. Those triable factual issues require conversion of the originating summonses to writs and unconditional leave to defend.