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Appeal against HSBC dismissed

Nick Gentle

The Court of Final Appeal will not hear an appeal from a company that accused HSBC of wrongfully forcing it to sell its flagship property. The decision likely brings to an end a case that saw the bank labelled dishonest by a Court of First Instance judge before being cleared of any wrongdoing by the Court of Appeal. The court criticised almost every facet of the earlier judgment, handed down by Mr Justice William Waung Sik-ying in July 2005, in which he described the bank's behaviour towards Esquire Electronics as 'the devil's work'. The Court of Final Appeal ruled there was no reasonable prospect of the appeal succeeding.

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