Read the full judgment text of CACV 433/2023 on BabelCite. This Court of Appeal judgment was delivered on 20 January 2025.
1. This is the defendant’s appeal against the decision of Deputy High Court Judge Le Pichon (“the Judge”) dated 27 November 2023 [1] entering summary judgment for the 1 st and 2 nd plaintiffs for an order of specific performance of clause 3.4.1 of the Escrow Agreement dated 23 June 2021 together with costs. Pursuant to the Judge’s judgment and order, a sum of HK$10 million, being the Tax and Warranty Claim Retention Money [2] held under the Escrow Agreement, was released to the plaintiffs.
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