3 Jun 2015
YIFUNG DEVELOPMENTS LTD v. LIU CHI KEUNG RICKYAND OTHERS
- Citation
- YIFUNG DEVELOPMENTS LTD v. LIU CHI KEUNG RICKYAND OTHERS
- Court
- Court of First Instance
- Case number
- HCMP462/2015
The Court refused all three applications because the judge below correctly applied the 'serious issue to be tried' standard and contemporaneous documentary evidence rendered the plaintiffs' estoppel, MLO and agency claims demurrable on their face; the MLO interest calculations advanced were fundamentally flawed or unarguable, the receivers showed no dishonesty or bad faith, the delay to seek extension of time was inexcusable, and the intended appeals had no real prospect of success; costs were ordered to follow the event with substantial reductions from claimed figures.