3 Dec 2020
AU YEUNG KWAN v. LEE LAM
- Citation
- [2020] HKCFI 3024
- Court
- Court of First Instance
- Case number
- HCA2464/2014
The 11 July 2014 Agreement was a binding, enforceable contract; clause 4 must be construed by reconciliation of agreed unit prices and outstanding loans, requiring transfer of the four 13/F units and Unit A2 (1/F) at Pahsang to AYK (with any surplus repaid by AYK); LL breached the Agreement by failing to execute transfers for 2333 Limited and Comforthome by 11 November 2014; accordingly specific performance was ordered and LL's counterclaim alleging trusts, fraud and breaches by AYK and Yau was dismissed.