Read the full judgment text of HCCL 000115/1996 on BabelCite. This HCCL judgment was delivered on 1 August 1997.
1. This is a claim upon dishonoured bills of exchange. The 1st Plaintiff is a French finance house which is wholly owned by the 2nd Plaintiff, a French bank; the Defendant is a Hong Kong company. The case is enmeshed in detail. However, the main elements stand out relatively clearly, and I begin with the factual background giving rise to this claim.