11 Jul 2012
TALAL EL MAKDESSI v. TEAM Y&R HOLDINGS HONG KONG LTD
- Citation
- TALAL EL MAKDESSI v. TEAM Y&R HOLDINGS HONG KONG LTD
- Court
- Court of First Instance
- Case number
- HCMP1054/2011
The court held that Mr El Makdessi satisfied s152FA: he sought inspection in good faith and for proper purposes germane to his status as a shareholder (valuation of his existing shareholding and assessing options), and the historical accounting records sought were likely relevant and useful to that commercial assessment; ongoing English proceedings and split discovery did not bar inspection under s152FA.