CHAMPION FOREVER GROUP LTD v. ADDCHANCE DYEING FACTORY LTD
Trial judgment on a disputed share sale, second mortgage and debt restructuring. The court rejected the alleged oral agreements and allowed CFGL’s enforcement claims.
- Second mortgage enforceability
- Constructive trust and knowing receipt
- Fiduciary duties and agency
- Illegality and clean hands (sfo disclosure)
- Debt restructuring deed and assignment
- Power of sale and vacant possession