Read the full judgment text of HCA 018412/1998 on BabelCite. This High Court CFI judgment was delivered on 8 June 2001.
1. The plaintiff is a bank. The 1st defendant was a customer of the plaintiff at its Sheung Wan branch ("the said branch"). By a continuing guarantee in writing dated 22 June 1993 in consideration of the plaintiff making or agreeing to make advances to the 1st defendant, the 2nd, 3rd and 4th defendants guaranteed and agreed with the plaintiff to pay upon demand all monies advanced by the plaintiff to the 1st defendant ("the guarantee"). Pursuant to the guarantee the plaintiff granted banking fac
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