23 Apr 2025
HABIB BANK ZURICH (HONG KONG) LTD (formerly known as HBZ Finance Limited) v. TEE VEE BRANDS INTERNATIONAL LTD AND OTHERS
- Citation
- [2025] HKCFI 2100
- Court
- Court of First Instance
- Case number
- HCMP1059/2024
On the evidence and contractual provisions before the court the plaintiff was entitled to summary judgment: the pleaded sums were established by conclusive contractual evidence, defendants failed to show any credible defence that would render the matter triable, the bank validly exercised its contractual termination right, the defendants were liable under the guarantees and mortgage and the right to possession had arisen; accordingly the originating summons was summarily disposed in favour of the plaintiff and relief granted including payment, possession and indemnity costs.