21 Jul 2021
RE GUY KWOK-HUNG LAM
- Citation
- [2021] HKCFI 2135
- Court
- Court of First Instance
- Case number
- HCB4115/2020
Lam failed to demonstrate a bona fide dispute on substantial grounds regarding the petition debt; the exclusive jurisdiction clause does not bar the Hong Kong court from deciding whether a bona fide dispute exists; the petition complied with s6B BO by disclosing the secured part and estimating its value; the Money Lenders Ordinance did not render the Credit Agreement unenforceable because the loans are secured and fall within the statutory exemption; allegations of estoppel/waiver and the cross-claim were unsubstantiated and insufficient in law or quantum to defeat the petition; the court the…