8 Jan 2013
KENCY BROTHERS LTD v. LAU MAN SANG, JAMES
- Citation
- KENCY BROTHERS LTD v. LAU MAN SANG, JAMES
- Court
- District Court
- Case number
- DCCJ2143/2012
Defendant's assertions were inherently unbelievable, inconsistent with pleaded admissions and contemporaneous monthly loan statements; he failed to show a fair or reasonable probability of a real or bona fide defence on interest, repayment or lender identity; accordingly summary judgment was entered for plaintiff for HK$609,126.80 with compound interest at 1% per month from 1 June 2012, and the counterclaim was struck out for disclosing no reasonable cause of action and lack of locus standi.