24 Apr 2015
南洋商業銀行有限公司及另一人 對 黃永光及另一人
- Citation
- 南洋商業銀行有限公司及另一人 對 黃永光及另一人
- Court
- Court of Appeal
- Case number
- CACV33/2013
The trial judge's detailed factual findings and legal conclusions were not shown to be plainly wrong; the bank was entitled to judgment for the principal and contractual interest and the defendants had affirmed the loan agreements, but the appellant succeeded only in part because the bank caused an unreasonable delay (after recovering net auction proceeds) which disentitled it from collecting the 50% additional penal interest for the period 23 Feb 2005 to 24 Jun 2009; the matter of adjusted damages was remitted for recalculation and brief submissions.