11 Jul 1986
HANG LUNG BANK LIMITED v. FU HOK VEN AND ANOTHER
- Citation
- HANG LUNG BANK LIMITED v. FU HOK VEN AND ANOTHER
- Court
- Court of First Instance
- Case number
- HCA1771/1985
The guarantees, read in context and having express protective clauses, unambiguously covered the liabilities from the discounted cheques; the defendants failed to prove credible misrepresentation or payment/appropriation and in any event affirmed the guarantees by conduct; therefore no real prospect of defence existed and summary judgment was appropriate, resulting in judgment for the plaintiff against the defendants for the stated sums.