21 Jul 2003
LIU BO SUN AND ANOTHER v. LUI KUEN KEE
- Citation
- LIU BO SUN AND ANOTHER v. LUI KUEN KEE
- Court
- Court of First Instance
- Case number
- HCA1346/2002
The judge found insufficient reliable evidence to establish the alleged 50/50 agreement or an undertaking by the defendant to indemnify or guarantee shareholders for losses; evidence indicated defendant paid monies in respect of the Property rather than making loans to the plaintiffs, and the defendant's counterclaim was held to be fictitious; accordingly both the plaintiffs' claim and the defendant's counterclaim failed on the balance of probabilities.