Read the full judgment text of HCA 003719/1991 on BabelCite. This High Court CFI judgment was delivered on 12 March 1993.
2. The purchaser was able to arrange a mortgage loan by the Hongkong Bank in the sum of $1.05m at 10.75% interest per annum subject to fluctuation for the purchase of the property. By the 2 May 1991 the title documents had still not been delivered to the purchaser's solicitors Messrs Boris Lui & Co. (BL & Co) by the vendor's solicitors. On that day BL & Co wrote to the vendor's solicitors demanding delivery of the title documents and complaining of delay. Sunday 5 May, the day fixed for completi