28 May 2021
HOUNÖ A/S v. TECKALI (HK) INDUSTRIES LTD AND OTHERS
- Citation
- [2021] HKCFI 1548
- Court
- Court of First Instance
- Case number
- HCA2796/2015
The Plaintiff proved that EUR9,022,000 was paid by mistake and induced by fraud, that US$633,000 received by the 3rd Defendant was traceable to that payment and that the 3rd Defendant was enriched at the Plaintiff's expense; the 3rd Defendant failed to establish available defences (bona fide purchaser for value, change of position) and was on enquiry regarding the legality of the transactions, therefore the 3rd Defendant is liable in unjust enrichment, knowing receipt and dishonest assistance and judgment is entered for the Plaintiff for US$633,000 plus interest and costs.