22 Sept 2020
GE QINGFU AND OTHERS v. L & A INTERNATIONAL HOLDINGS LTD AND OTHERS
- Citation
- [2020] HKCA 779
- Court
- Court of Appeal
- Case number
- CACV16/2019
The Court held that (a) the defendants succeed on the Quantum Ground reducing damages to HK$7,349,040 but fail on the jurisdictional attack to set aside the award because the court had jurisdiction to grant a prohibitory injunction at commencement as the disputed shares remained in the grantees' broker accounts; (b) the Recorder's costs order below (defendants to pay plaintiffs' costs of the proceedings on a party-and-party basis, taxed if not agreed) is not disturbed; and (c) on appeal justice required the plaintiffs to pay one-third of the defendants' costs of the appeal, to be taxed if not…