3 Oct 2016
LAM SIK SHI v. LAM SIK YING,ADMINISTRATOR OF THE ESTATE OF LAM TIM ALIAS STAN LAM TIM, DECEASED AND ANOTHER
- Citation
- LAM SIK SHI v. LAM SIK YING,ADMINISTRATOR OF THE ESTATE OF LAM TIM ALIAS STAN LAM TIM, DECEASED AND ANOTHER
- Court
- Court of First Instance
- Case number
- HCA1605/2004
The administrator (Lam Sik Ying/Victor) breached fiduciary duties in the sale of the estate property to APH by failing to market properly, not obtaining an updated valuation, imposing/accepting restrictive and purchaser‑favouring terms and favoring one family branch; the sale had been set aside against APH by consent and the administrator is liable to account and pay plaintiffs' costs; Victor's counterclaim against Susie succeeded only nominally (HK$100).