31 Aug 2011
IP MAN SUN AND ANOTHER v. HUI CHEONG AND ANOTHER
- Citation
- IP MAN SUN AND ANOTHER v. HUI CHEONG AND ANOTHER
- Court
- Court of First Instance
- Case number
- HCA2370/2002
The court found that the parties' repeated and organized joint purchases, shared decision-making and customary 1/3:2/3 sharing established a partnership; Ip's contemporaneous records were sufficiently reliable to support most claims; defendants failed to prove complete prior settlement of accounts or accuracy of their counterclaims, so plaintiffs were entitled to judgment for the Net Sum to be calculated by the parties with specified adjustments (disallowances and awards), interest and costs orders; limited parts of the counterclaim were allowed (HK$100,000 for cutting expenses) and an admitt…