27 Apr 2021
WINLAND FINANCE LTD v. GAIN HERO FINANCE LTD
- Citation
- [2021] HKCA 576
- Court
- Court of Appeal
- Case number
- CACV186/2019
The Court of Appeal upheld the judge: the WF Loan Agreement only assigned rights to future sale proceeds (not an interest in the land), delivery of title deeds did not create an equitable mortgage given the agreement's terms, and GH's Charging Order created a proprietary equitable charge over the land that took priority over WF's assignment of future proceeds; therefore WF's appeal failed.