15 Sept 2010
LAM PO CHIU MARK v. ION GLOBAL (BVI) LTD AND OTHERS
- Citation
- LAM PO CHIU MARK v. ION GLOBAL (BVI) LTD AND OTHERS
- Court
- Court of Appeal
- Case number
- CACV46/2010
The Court held the put option was exercisable: Clauses 13 and 14 must be read to give effect to the parties' common intention that the put option operate; the relevant entitlement to Revenue Warrants could be calculated for pricing purposes even if the physical warrant certificates were to be executed/delivered after the Put Option Vesting Date, and the company/defendants were responsible to ensure issuance; therefore the appellant was entitled to judgment for the sum claimed and costs.