Read the full judgment text of DCCJ 398/2014 on BabelCite. This District Court judgment was delivered on 15 November 2016.
1. In DCCJ 398 of 2014, the plaintiff entered into two deeds of indemnity with the 1 st and 2 nd defendants guaranteeing a loan advanced by Lau Shek Sun(劉石新)(“the Lender”) to the 1 st defendant. The 2 nd defendant and the plaintiff were the guarantors of the same loan in the principal loan agreement. The Lender demanded the plaintiff to repay the loan in default of 1 st repayment by the 1 st defendant. The plaintiff repaid the outstanding loan and then sued the 1 st and 2 nd defendants for damag
Cited by 3 cases