9 Dec 2010
DRAGON PEARL NIGHT CLUB RESTAURANT LTD v. LEUNG WAN KEE SHIPYARD LTD
- Citation
- DRAGON PEARL NIGHT CLUB RESTAURANT LTD v. LEUNG WAN KEE SHIPYARD LTD
- Court
- Court of First Instance
- Case number
- HCA889/2010
As a matter of construction of the written Agreement (considering CIF delivery terms, reservation of documents/seatrials, risk retention/insurance obligation, and the scheme of instalments), property in the vessel remained with Leung Wan Kee until completion and delivery in Hong Kong; Leung Wan Kee therefore possessed a common law and statutory lien limited to the 5th instalment and a statutory right to sell; accordingly Dragon Pearl's applications for delivery up and interim injunction failed and were dismissed, the striking out application failed, Dragon Pearl was granted unconditional leav…