Hong Kong Case Law: Decisions & Judgments | LexChat

Hong Kong Case Law

Oral loan
  • 13 Dec 2019

    CHOW KWAN YEE v. LEUNG MEI YIN MAY AND ANOTHER

    Citation
    [2019] HKCFI 2998
    Court
    Court of First Instance
    Case number
    HCA1260/2017

    The court accepted the plaintiff's evidence and account records, drew adverse inferences from the defendants' non‑disclosure of bank records and failure to call witnesses, concluded the HK$2,000,000 was an enforceable oral loan repayable by defendants (not a gift), found plaintiff's claim within limitation, dismissed defendant 2's monetary counterclaims as time‑barred and his delivery up claim for lack of sufficiently precise evidence, and granted specified monetary and ongoing repayment orders plus interest and costs accordingly.