Read the full judgment text of CACV 291/2004 on BabelCite. This Court of Appeal judgment was delivered on 2 August 2004.
1. Save where it is necessary to be more specific I shall, throughout this judgment, refer to the plaintiff as either "Sino" (Sino Land Company Limited) or "the plaintiff" and the defendant as either "Hang Lung" (Hang Lung Group Limited) or "the defendant". In December 1996 Sino agreed to purchase a hotel (which I shall refer to throughout as either "the Bay Bridge", its present name, or "the Hotel") which was at that time being constructed. The completion date for the sale and purchase agreemen