Read the full judgment text of CACV 000347/1998 on BabelCite. This Court of Appeal judgment was delivered on 3 November 1999.
1. The Defendant, Concord Oil (Hong Kong) Ltd. ("Concord"), owns a barge from which marine diesel fuel and oil is sold. By an agreement dated 1st June 1996, Concord granted an exclusive licence to the Plaintiff, New Asia Energy Ltd. ("New Asia"), to operate the barge and use it for selling fuel and oil to vessels in Hong Kong waters. The term of the licence was for three years, and the agreement contained provisions for the licence's renewal or termination. The agreement replaced a less formal a
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