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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
JurisdictionHong Kong
CourtJudicial Committee of the Privy Council (on appeal from the Court of Appeal of Hong Kong)
Year1997
StatusBinding authority

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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