Read the full judgment text of HCA 1946/2021 on BabelCite. This High Court CFI judgment was delivered on 25 June 2025.
1. In this action, the Plaintiff (“P”) claims that pursuant to a Loan Agreement dated 12 December 2016 (“the Loan Agreement”) between him and the Defendant (“D”), he advanced HK$9M to D through Mr John Ho Kok Fi (“Ho”), D’s friend. P claims that D failed to repay the HK$9M advanced and therefore seeks judgment against D for the principal of HK$9M together with interest at 48% per annum pursuant to the Loan Agreement.
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