28 Jan 2026
SUN HENG v. TE THENG
- Citation
- [2026] HKCFI 604
- Court
- Court of First Instance
- Case number
- HCA585/2019
The court found on the balance of probabilities that a Joint Investment Agreement existed in respect of Flat 6A and that the Defendant's contemporaneous notes constituted admissions of the Plaintiff's contributions; the court was not satisfied the Defendant proved that the remittances were his own funds from the French companies; accordingly the Defendant held beneficial interests for the Plaintiff (50% in Flat 6A; Plaintiff entitled to 30% of Haven Shop and to trace proceeds used to acquire Larvotto) and breached duties as trustee by failing to account and pay the Plaintiff his share; declar…