20 Aug 2024
CONCENTRIC FUND (HK) LTD v. FU WAI INDUSTRIAL COMPANY LTD
- Citation
- [2024] HKCFI 2121
- Court
- Court of First Instance
- Case number
- HCA2660/2018
On objective analysis of contemporaneous documents and testimony the plaintiff unequivocally ceased operations, misrepresented sales and withheld defendant's entitlements; those acts constituted repudiatory breaches which the defendant validly accepted (by letter of 13 June 2018 and by pleading), entitling the defendant to termination and damages of HK$470,000; the Agreement is to be construed as obliging payment to Cai or as the defendant shall direct such that the defendant can recover the sum.