Read the full judgment text of CACV 000181/1993 on BabelCite. This Court of Appeal judgment was delivered on 18 March 1994.
1. This is an appeal from the decision of Deputy Judge Yeung in an application for summary judgment made by the plaintiff National Union Fire Insurance Company of Pittsburgh, PA. (National Union) against two defendants Grand Union Insurance Company Ltd. (Grand Union) and Mercantile Mutual Holdings Ltd. (Mercantile Mutual) for the sum of 50% of DM690,872.78 or its equivalent in Hong Kong currency. A winding-up order was made against Grand Union on 19th December 1990 and National Union was granted