Read the full judgment text of HCMP 001630/2005 on BabelCite. This High Court CFI judgment was delivered on 7 April 2006.
1. This case concerns a provisional agreement (“the Agreement”) for the sale by the plaintiff and the purchase by the defendant of a restaurant at the Ground Floor, No. 9 Sing Woo Road, Happy Valley, Hong Kong (“the Property”) at a price of $22,000,000. The sale did not proceed. The plaintiff seeks a declaration that the Agreement was wrongfully repudiated by the defendant, and that it has validly accepted the wrongful repudiation; a declaration as to its right to forfeit the initial deposit o
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