PANG SAI YU the manager of “PANG SHE YAN TSO” v. WINNER DAY INVESTMENT LTD AND OTHERS
Stay refused because defendants failed to show good reasons: even if trespass grounds succeed on appeal, independent findings of breach of fiduciary duties and liability for dishonest assistance/knowing receipt mean the orders relating to the Lots and the award for compensation would likely survive; no evidence that...
Source-derived case information.
- Citation
- [2024] HKCFI 3685
- Parties
- Plaintiff (manager of "pang SHE YAN Tso"): Pang Sai Yu; 1st Defendant: Winner Day Investment Limited; 2nd Defendant: Pang Kwok Kuen; 3rd Defendant: Ho King Choi; 4th Defendant: Pang Ying Kai
- Court
- Court of First Instance
- Jurisdiction
- Hong Kong
- Judgment Date
- 23 December 2024
- Case Number
- HCMP788/2014
- Procedural Posture
- Miscellaneous Proceedings (order 113 Application) / Application for Stay of Execution Pending Appeal (decision on Paper)
- Outcome
- Stay application dismissed
- Legal Topics
- Trespass, Fiduciary Duties, Dishonest Assistance, Knowing Receipt, Stay of Execution, Mesne Profits, Vacant Possession, Injunctions
- Source Language
- en
Source-derived case record
Summary, issues, holding and outcome
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Parties
Pang Sai Yu
Plaintiff (manager of "pang SHE YAN Tso")
Winner Day Investment Limited
1st Defendant
Pang Kwok Kuen
2nd Defendant
Ho King Choi
3rd Defendant
Pang Ying Kai
4th Defendant
Procedural Posture
Miscellaneous Proceedings (order 113 Application) / Application for Stay of Execution Pending Appeal (decision on Paper)
Legal Issues
- 1 Whether a stay of execution pending appeal should be granted
- 2 Whether orders for delivery of vacant possession and injunctive reliefs relating to the Lots should be stayed
- 3 Whether the monetary award (damages/mesne profits) should be stayed
Ratio Decidendi
Stay refused because defendants failed to show good reasons: even if trespass grounds succeed on appeal, independent findings of breach of fiduciary duties and liability for dishonest assistance/knowing receipt mean the orders relating to the Lots and the award for compensation would likely survive; no evidence that execution would render the appeal nugatory and no strong likelihood of success on appeal was shown.
Court Disposition
Stay application dismissed
Orders
- The 1st, 2nd and 4th defendants' application for stay of execution pending appeal is dismissed
- Order nisi that the defendants should pay the plaintiff its costs of the application to be taxed if not agreed, with a certificate for two counsel
Full Case Text
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