17 Sept 2013
PACIFIC ELECTRIC WIRE & CABLE CO LTD v. TEXAN MANAGEMENT LTD AND OTHERS
- Citation
- PACIFIC ELECTRIC WIRE & CABLE CO LTD v. TEXAN MANAGEMENT LTD AND OTHERS
- Court
- Court of Appeal
- Case number
- CACV90/2012
The Court refused Top Selection’s application to adduce the Pauline Ching File on appeal because the applicants could, with reasonable diligence, have adduced the material at trial; it dismissed the appeals of Hu and Top Selection, upholding the trial judge’s inference (based on swissfirst papers, fund flow analysis, timing of transactions and documentary conduct) that the Takeover Arrangement was a fabrication and that Hu was the effective beneficial owner; it allowed Ma’s appeal in CACV 91/2012 because PEWC’s knowing receipt case as pleaded did not establish that Ma had the requisite knowle…