19 Jun 2001
Re Shanghai Tai Pan Food Manufacture Co. Ltd.
- Citation
- Re Shanghai Tai Pan Food Manufacture Co. Ltd.
- Court
- Court of First Instance
- Case number
- HCCW832/1999
The company was a quasi‑partnership and Cambergs' fundamental breaches of the joint venture and franchise agreements — including operating unauthorised outlets, effectively franchising to a third party, denying petitioner's interest in the Shanghai joint venture and refusing access to accounts — destroyed trust and confidence and amounted to unfair prejudice, justifying a winding up order as just and equitable.