29 Oct 2009
BEATRICE TSANG SAU HING AND ANOTHER v. YEUNG MAN LOONG MAXLY AND OTHERS
- Citation
- BEATRICE TSANG SAU HING AND ANOTHER v. YEUNG MAN LOONG MAXLY AND OTHERS
- Court
- Court of Appeal
- Case number
- CACV21/2009
The Court of Appeal concluded the provisional liquidators acted in ways that caused the petitioners reasonably to lose confidence and gave reasonable grounds for a perception of bias in favour of the Yeungs (failure to consult, channel receipts through Yeung Senior, adoption of Long Summer with a retrospective 5% commission, and lack of court directions); balancing the interests of the liquidation, the judge properly exercised his discretion to remove them and the appeals were dismissed.