21 Dec 2007
BEATRICE TSANG SAU HING AND ANOTHER v. YUENG MAN LOONG MAXLY AND OTHERS
- Citation
- BEATRICE TSANG SAU HING AND ANOTHER v. YUENG MAN LOONG MAXLY AND OTHERS
- Court
- Court of First Instance
- Case number
- HCCW49/2006
The court found on the balance of probabilities that there was a complete breakdown of trust and a deadlock between the families; the Yeungs were substantially responsible for that breakdown through conduct (refusal of inspections, unauthorised banking facilities, unilateral remittances, allegations to police and pressuring staff/suppliers). The withdrawals and ledger issues did not amount to unfairly prejudicial conduct by the Tsangs within s168A (the Joint Account was personal between seniors), so the Yeungs' cross-petitions for buy-out under s168A were dismissed; the Tsangs' petitions for…