Read the full judgment text of HCMP 1211/2010 on BabelCite. This High Court CFI judgment was delivered on 27 November 2013.
1. Hung Tat Warehouse, Transportation and Shipping Limited (“ Hung Tat ”) was a customer of the Kwangtung Provincial Bank (“ KPB ”). Pursuant to the Bank of China (Hong Kong) Limited (Merger) Ordinance Cap 1167, KPB was transferred to and vested in Po Sang Bank Limited (“ PSB ”) to the intent that PSB should succeed to KPB as if in all aspects PSB were the same person in law as KPB. On 1 October 2001, PSB changed its name to the Bank of China (Hong Kong) Limited (“ BOC ”). On 24 February 2010,
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