19 Mar 2019
WEA INTERNATIONAL INC. v. SOLITON (HK) LTD
- Citation
- [2019] HKCFI 751
- Court
- Court of First Instance
- Case number
- HCA1/2018
Clause 6 is a non-refundable prepayment described as a minimum guarantee and constitutes a primary obligation payable on signing; the defendant's failure to pay therefore amounted to breach and no defence that the sum was not due or was penal was disclosed, so judgment for the plaintiff was warranted.