13 Aug 2020
AU KAI TO KAREL v. END USER TECHNOLOGY LTD AND OTHERS
- Citation
- [2020] HKCA 673
- Court
- Court of Appeal
- Case number
- CACV237/2017
The consent order treating the HK$4,400,000 as payment by both defendants created a security interest covering liabilities secured by the stay, including the contingency that only the 1st Defendant's liability is upheld; accordingly the court ordered payment out to the Plaintiff and refused release to the 2nd Defendant; there was no basis to limit the security to half the sum absent express provision.