22 Feb 2024
MODERN GALA (MODELS) LTD v. TSE TSANG YAO AND OTHERS
- Citation
- [2024] HKCFI 514
- Court
- Court of First Instance
- Case number
- HCA1777/2015
Defendants failed to establish a quasi-partnership and failed to prove that sums paid to MGI Shenzhen or third parties were loans repayable by the plaintiff; the court found unlawful diversion of company funds into life insurance policies and payments to defendants where no entitlement was shown and ordered repayment/compensation accordingly; the first defendant's counterclaim was dismissed for lack of proof.