16 Nov 2022
LAM YIU FAI t/a ART CITY ENGINEERING CO v. MA TSZ KIN
- Citation
- [2022] HKDC 1256
- Court
- District Court
- Case number
- DCCJ625/2018
On the balance of probabilities the Court accepted the Lams' evidence and rejected the Brothers' inconsistent and evasive testimony; the Brothers did not disclose Freetra Hotel Limited as principal and were more probably acting in their personal capacities when obtaining funds and engaging Art City, therefore the sums paid by Ms Lam were loans and the sums due to Mr Lam were not discharged by any valid investment set-off; judgment entered for the plaintiffs for the respective unpaid sums with interest and costs nisi.