Read the full judgment text of HCMP 000134/2002 on BabelCite. This High Court CFI judgment was delivered on 4 March 2004.
1. On 17 August 1992 3 brothers (Joseph Yu Ching Hoi ("Joseph"), the 1st Defendant ("Herman") and the 2nd Defendant ("Franco") (collectively, "the brothers")) purchased the property ("the Property") known as Flat 12A, Good View Court, 21 Robinson Road, Hong Kong for $1,825,000. The brothers purchased the Property with the help of a mortgage loan ("the Original Mortgage") from Standard Chartered Bank ("Standard Chartered") in the amount of $1,368,750. The brother's Agreement for the Sale and Purc
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