2 Sept 2011
LAU, WILLIAM JOHN v. WAN YUK LIN, ALISON AND OTHERS
- Citation
- LAU, WILLIAM JOHN v. WAN YUK LIN, ALISON AND OTHERS
- Court
- Court of First Instance
- Case number
- HCA1255/2006
The Plaintiff failed to prove on the balance of probabilities that an enforceable oral agreement existed as pleaded; contemporaneous accounting records and confirmations demonstrated the payments were consultancy fees and not a shareholder 'return of investment'; the Company's counterclaim for a recorded shareholders' loan of HK$142,124.50 was proven and awarded with interest.