31 May 2024
LO KWOK KWEI DAVID v. YEUNG KAI CHEUNG PATRICK
- Citation
- [2024] HKCFI 1222
- Court
- Court of First Instance
- Case number
- HCA638/2017
The Court found the parties' agreement was an equity-linked loan (ELL), not a trust; the evidence did not show Defendant knew of listing potential or had a listing plan by 20 October 2009; there was no dishonest withholding of material information by Defendant; no fiduciary duties capable of imposing the pleaded obligations arose on the facts; Plaintiff's claim is dismissed.