13 Jan 2017
CHOW HOW YEEN MARGARET AND OTHERS v. WEX PHARMACEUTICALS INC. AND ANOTHER
- Citation
- CHOW HOW YEEN MARGARET AND OTHERS v. WEX PHARMACEUTICALS INC. AND ANOTHER
- Court
- Court of First Instance
- Case number
- HCA537/2013
The Final Judgment in PRC determining ownership of the China Patent took effect on its date of issue and thereby falsified the CP Representation from that date; Mr Shum knowingly or recklessly concealed that loss and made fraudulent representations (including as to GlobalMed), plaintiffs relied on those representations when entering Distribution Agreements and purchasing shares, and limitation was postponed by deliberate concealment until plaintiffs discovered the fraud on 23 September 2011, so the writ filed 3 April 2013 was timely; plaintiffs entitled to damages, interest and costs as order…