XPayIndustry WIKIBack to home
XPAY KNOWLEDGE

Industry WIKI

Digital assets and currencies

Understand assets, networks and trading mechanics with sources you can check.

Trading basics

Hang Seng Credit Card Ltd v Tsang Nga Lee

Hang Seng Credit Card Ltd v Tsang Nga Lee [2000] 3 HKLRD 33 is a landmark decision of the Court of First Instance of Hong Kong in which Yam J held that a clause in a credit card agreement obliging a defaulting cardholder to pay, on a full indemnity basis, all costs and expenses incurred by the card issuer in enforcing the agreement was unconscionable under the Unconscionable Contracts Or