30 May 1985
YIP WAI-HONG v. LEE SEE-WOO
- Citation
- YIP WAI-HONG v. LEE SEE-WOO
- Court
- Court of Appeal
- Case number
- CACV17/1985
The appeal was dismissed because the trial judge correctly found that the plaintiff failed to prove he had paid for the 200,000 Alliance shares he purported to transfer; the board minutes of 31 October 1981 supported the defendant's account and, on the evidential record, the defendant established entitlement to reimbursement of HK$730,000, so failure of consideration defeated the plaintiff's claim.