Read the full judgment text of HCA 002590/2007 on BabelCite. This High Court CFI judgment was delivered on 18 November 2008.
1. The parties entered into a Legal Charge dated 30 July 1992 in respect of the mortgaged property. The mortgage loan was HK$4.9 million to be repaid by instalments. Since 8 July 1994, the plaintiff advanced overdraft facilities to the defendants for HK$1.5 million, which was revised over the years to HK$10 million in November 1997.
Cites 1 case