9 Dec 2010
LEUNG WAN KEE SHIPYARD LTD v. DRAGON PEARL NIGHT CLUB RESTAURANT LTD AND ANOTHER
- Citation
- LEUNG WAN KEE SHIPYARD LTD v. DRAGON PEARL NIGHT CLUB RESTAURANT LTD AND ANOTHER
- Court
- Court of First Instance
- Case number
- HCA1288/2010
On construction of the Agreement (CIF delivery, seller retention of risk and conditions including sea trials and delivery of documents), the court held property in the vessel remained with Leung Wan Kee until completion and delivery; Leung Wan Kee also possessed a common law and statutory lien (limited to the 5th instalment) which was not lost by its conduct; accordingly delivery/injunction and striking out applications failed and Dragon Pearl was allowed unconditional leave to defend the claim for unpaid instalments.