Read the full judgment text of DCMP 1233/2018 on BabelCite. This District Court judgment was delivered on 15 October 2020.
1. The plaintiff is a money lender. Under a loan agreement dated 9 November 2016, the plaintiff lent HK$750,000 to the 1 st defendant and another borrower, Li Koi Hop Philip (“Li”) (the “Loan Agreement”). On 6 March 2018, the plaintiff obtained judgment in default of notice of intention to defend under DCCJ 5395/2017 against both the 1 st defendant and Li for the sum of HK$889,956.16 together with interest. The sum remains outstanding and due.
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