FOK CHUN YUE BENJAMIN v. FOK CHUN WAN IAN AND OTHERS
The court has jurisdiction to grant a stay of HCA 2155/2011 (including the Order 14 application) based on the unimpeached global Settlement Agreement even without an express stay term; Recital B and Clause 48 do not prevent the court ordering a stay; Clause 19(e) applies only to option rights that are found to be presently existing by the investigating accountants and does not cover the expired Yau Wing Option; the plaintiff cannot rescind the Settlement Agreement only as to Ian and Tim while keeping it as to other contracting parties; accordingly a stay was granted to permit perfecting and implementing the Settlement Agreement, subject to conditions to ensure implementation and...
- Citation
- FOK CHUN YUE BENJAMIN v. FOK CHUN WAN IAN AND OTHERS
- Parties
- Plaintiff (in His Capacity as a Co Executor of the Estate of Fok Ying Tung Henry, Deceased and in His Personal Capacity): FOK CHUN YUE BENJAMIN; 1st Defendant (in His Personal Capacity and as an Executor of the Estate of Fok Ying Tung Henry, Deceased): FOK CHUN WAN IAN; 2nd Defendant (in Her Capacity as Co Executrix of the Estate of Fok Ying Tung Henry, Deceased): FOK MO KAN; 3rd Defendant: FOK LAI PING PATRICIA; 4th Defendant: FOK TSUN TING TIMOTHY; 5th Defendant: FOK LAI LOR NORA; 6th Defendant: FOK LAI LAI LILY; 7th Defendant: FOK MAN BUN NELSON; 8th Defendant: MANSON FOK; 9th Defendant: FOK MAN FONG THOMAS; 10th Defendant: FOK HIN YEUNG DAVID; 11th Defendant: FOK HIN SUEN DONALD; 12th Defendant: FOK HIN KWONG DANNY; 13th Defendant: FOK HIN KEUNG MICHAEL; 14th Defendant: FOK LUI YIN NEI; 16th Defendant (personal Representative of Deceased): PERSONAL REPRESENTATIVE OF THE ESTATE OF LAM SOOK DUEN, DECEASED
- Court
- Court of First Instance
- Jurisdiction
- Hong Kong
- Judgment Date
- 3 January 2014
- Case Number
- HCA2155/2011
- Procedural Posture
- Civil Probate/executor Removal / Decision on Stay Applications (chambers)
- Outcome
- Stay granted: HCA 2155/2011 including the Order 14 application and related HCA 569/2012 stayed except for the purpose of perfecting and implementing the Settlement Agreement
- Legal Topics
- Stay of Proceedings, Settlement Agreement, Tomlin Order, Rescission of Contract, Non Disclosure/misrepresentation, Breach of Fiduciary Duty, Construction of Contract, Option Agreement (yau Wing Option), Order 14/application for Summary Judgment, Appointment/removal of Executors
- Source Language
- EN
Case Brief
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Parties
FOK CHUN YUE BENJAMIN
Plaintiff (in His Capacity as a Co Executor of the Estate of Fok Ying Tung Henry, Deceased and in His Personal Capacity)
FOK CHUN WAN IAN
1st Defendant (in His Personal Capacity and as an Executor of the Estate of Fok Ying Tung Henry, Deceased)
FOK MO KAN
2nd Defendant (in Her Capacity as Co Executrix of the Estate of Fok Ying Tung Henry, Deceased)
FOK LAI PING PATRICIA
3rd Defendant
FOK TSUN TING TIMOTHY
4th Defendant
FOK LAI LOR NORA
5th Defendant
FOK LAI LAI LILY
6th Defendant
FOK MAN BUN NELSON
7th Defendant
MANSON FOK
8th Defendant
FOK MAN FONG THOMAS
9th Defendant
FOK HIN YEUNG DAVID
10th Defendant
FOK HIN SUEN DONALD
11th Defendant
FOK HIN KWONG DANNY
12th Defendant
FOK HIN KEUNG MICHAEL
13th Defendant
FOK LUI YIN NEI
14th Defendant
PERSONAL REPRESENTATIVE OF THE ESTATE OF LAM SOOK DUEN, DECEASED
16th Defendant (personal Representative of Deceased)
Procedural Posture
Civil Probate/executor Removal / Decision on Stay Applications (chambers)
Legal Issues
- 1 Whether the court has jurisdiction to order a stay of the action and/or the Order 14 application
- 2 Whether a stay may be imposed absent an express stay provision in the settlement agreement
- 3 Whether Recital B and Clause 48 preclude a court-ordered stay
Ratio Decidendi
The court has jurisdiction to grant a stay of HCA 2155/2011 (including the Order 14 application) based on the unimpeached global Settlement Agreement even without an express stay term; Recital B and Clause 48 do not prevent the court ordering a stay; Clause 19(e) applies only to option rights that are found to be presently existing by the investigating accountants and does not cover the expired Yau Wing Option; the plaintiff cannot rescind the Settlement Agreement only as to Ian and Tim while keeping it as to other contracting parties; accordingly a stay was granted to permit perfecting and implementing the Settlement Agreement, subject to conditions to ensure implementation and...
Court Disposition
Stay granted: HCA 2155/2011 including the Order 14 application and related HCA 569/2012 stayed except for the purpose of perfecting and implementing the Settlement Agreement
Orders
- Present action (HCA 2155/2011) including the Order 14 application and related HCA 569/2012 is stayed except for the purpose of perfecting and implementing the Settlement Agreement in full as expeditiously as possible
- Parties to report to the court in writing on implementation progress within 3 months
Full Case Text
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