Read the full judgment text of CACV 000172/2009 on BabelCite. This Court of Appeal judgment was delivered on 27 January 2010.
1. The defendant purchaser entered into an agreement dated 7 June 2008 (‘the agreement’) with the plaintiff vendor to purchase from the plaintiff 40 shops in the basement of Pearl House in Prince Edward Road West, Kowloon for the sum of $15 million. A deposit of $1.5 million was paid by the defendant. Completion of the sale was originally scheduled for 30 September 2008. There was suggestion that completion had been extended, but it is not necessary to decide on this, it is sufficient to say
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