4 Mar 2020
INDUSTRIAL AND COMMERCIAL BANK OF CHINA (ASIA) LTD v. WISDOM TOP INTERNATIONAL LTD
- Citation
- [2020] HKCFI 322
- Court
- Court of First Instance
- Case number
- HCA278/2019
Clause 34.1 is exclusive only insofar as it obliges the defendant (Wisdom Top) to sue in Hong Kong but is not exclusive insofar as it permits the plaintiff (ICBC) to sue elsewhere; because the lender's ability to sue outside Hong Kong defeats the statutory requirement of an agreement to the exclusion of other courts under s.3(1) Cap 597, the jurisdiction clause is not a 'choice of Hong Kong court agreement' for purposes of the Ordinance and the Registrar's refusal to certify is upheld.