16 Jul 1990
RICHARDSON GREENSHIELDS OF CANADA (PACIFIC) LTD v. ONG YIP CHUNG HENRY AND ANOTHER
- Citation
- RICHARDSON GREENSHIELDS OF CANADA (PACIFIC) LTD v. ONG YIP CHUNG HENRY AND ANOTHER
- Court
- Court of First Instance
- Case number
- HCA8573/1987
On the facts the court found no reliable evidence that the account was jointly held so the 1st Defendant was not liable; the 2nd Defendant was the sole account holder, the broker did not breach any duty causally causing loss by failing to liquidate or by omission of a risk disclosure that caused loss, and on the balance of probabilities the Plaintiff's account balance of HK$12,236,707.38 was proved; judgment for Plaintiff against 2nd Defendant and claim against 1st Defendant dismissed.