15 Jan 2018
HONIP CREDIT LTD v. TANG WING HONG AND ANOTHER
- Citation
- [2018] HKCFI 56
- Court
- Court of First Instance
- Case number
- HCMP393/2017
Defendants failed to adduce cogent evidence raising a triable issue that the October 2016 Loan Agreement provided for compound interest or was a sham tainted by prior illegal loans; accordingly the Master concluded the plaintiff's Originating Summons should succeed and the defendants' defences are dismissed, with directions to hear submissions on the formal order and costs.