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Southwest Securities (HK) Brokerage Ltd v Michael Ng Kwok Wing & another (CACV 250/2020)
HK Court of Appeal, 20-May-2021
Having filed an appeal, Mr Ng failed to appear and his case was dismissed. The plaintiff's cross-appeal, for a judgment debt rather than damages, succeeds, and Mr Ng owes $163.5m plus 30% p.a. since 16-Apr-2019 under the terms of the facility agreement in event of default.
Organisations
- Celebrate International Holdings Limited 譽滿國際(控股)有限公司
- INCE & CO 英士律師行
- Nieumarkt Investments Ltd
- SOUTHWEST SECURITIES (HK) BROKERAGE LIMITED 西證(香港)證券經紀有限公司
- Southwest Securities International Securities Limited
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