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Hong Kong
Leading Case
uncategorized
Union Eagle Ltd v Golden Achievement Ltd
[1997] AC 514; [1997] UKPC 5; [1997] 2 WLR 341; [1997] 2 All ER 215
Key Principle
Where a contract for the sale of land expressly makes time of the essence, equity will not relieve a purchaser who completes even slightly late; the need for commercial certainty outweighs hardship and forfeiture of the deposit stands.
Area of Law
c
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