Hong Kong Case Law: Decisions & Judgments | LexChat

Hong Kong Case Law

Pecuniary rescission
  • 23 Jun 2006

    MAGIC SCORE LTD v.THE HONGKONG AND SHANGHAI BANKING CORPORATION LTD AND ANOTHER

    Citation
    MAGIC SCORE LTD v.THE HONGKONG AND SHANGHAI BANKING CORPORATION LTD AND ANOTHER
    Court
    Court of First Instance
    Case number
    HCA11077/1994

    The court struck out the parts of the Plaintiff's Re-Amended Statement of Relief and Damages and Reply that alleged fraud, dishonesty and exemplary damages and refused leave to amend to add those causes because such serious allegations were not pleaded in the Statement of Claim, would unfairly prejudice the Defendants (including reliance on liability findings amounting to an impermissible head start), and constituted an abuse of process; separately, claims for rescission or pecuniary rescission against the Bank in respect of a sale to an innocent purchaser were held unarguable in principle (m…