17 Jan 2022
CREATIVE PROPERTY SERVICES CONSULTANTS LTD v. THE INCORPORATED OWNERS OF KING MING COURT
- Citation
- [2022] HKCFI 163
- Court
- Court of First Instance
- Case number
- HCA2478/2017
The Court held Defendant liable to pay the outstanding management fees of HK$6,025,724.92; the Defendant failed to prove that the Plaintiff retained the Defendant's documents or breached duties to deliver them up; however funds remaining in the manager's Hang Seng bank account are held on a Quistclose trust for the Defendant and the Plaintiff must account for and return the sums currently standing in credit; the two claims are distinct and not to be automatically set off against each other.