16 Nov 2015
EXCEL COURAGE HOLDINGS LTD AND ANOTHER v. WONG SIN LAI, also known as WONG SIN LEI AND OTHERS
- Citation
- EXCEL COURAGE HOLDINGS LTD AND ANOTHER v. WONG SIN LAI, also known as WONG SIN LEI AND OTHERS
- Court
- Court of First Instance
- Case number
- HCCL34/2013
The court allowed only a limited amendment to para 4(1) to plead three general sources of funds for the acquisition of the Luxey and Railsmedia shares (Railsmedia CPS, the HK$61.9m Fully Wealthy loan, and Excel’s own deposits) but refused leave for late discovery of the second category of documents because the plaintiffs failed to provide evidence as to provenance and authenticity, the documents posed serious questions, and their late admission would prejudice the 1st defendant and disrupt the trial without good reason. The limited amendment was permitted only because it did not introduce new…