18 Oct 2000
WONG YIN v. UNION BANK OF HONG KONG LTD.
- Citation
- WONG YIN v. UNION BANK OF HONG KONG LTD.
- Court
- Court of First Instance
- Case number
- HCA7578/1999
The legal charge's all-moneys clause, read with its covenants, covered Mr Wong's liability as guarantor; Jing Guang defaulted and the guarantor liability therefore existed; accordingly the Bank was entitled to demand repayment for redemption and the defendant's claim that the Bank clogged the equity of redemption was misconceived and failed.