Hong Kong Case Law: Decisions & Judgments | LexChat

Topic

Repurchase obligation

Legal area

Court

6 Apr 2022

FULL YING HOLDINGS LTD v. ACTIVE ACCESS HOLDINGS LTD AND OTHERS

Citation

[2022] HKCFI 911
Court

Court of First Instance
Case number

HCA2122/2020

Defendants failed to condescend to particulars and did not establish a bona fide defence; the unpleaded implied term did not save them on summary judgment absent evidence and particulars, but leave to amend was granted and summons adjourned for fairness; accordingly specific performance was ordered against 1st and 2nd Defendants and damages ordered against 3rd and 4th Defendants to be assessed, with costs nisi ordered against the defendants.
14 Jan 2021

ZEE MARGARET v. WONG TSENG HON

Citation

[2021] HKCFI 59
Court

Court of First Instance
Case number

HCA2190/2016

The Supplemental Agreement, by introducing an early partial repayment, an interest regime and a July 2009 cut‑off addressing the risks of Clause 6, varied and superseded Clause 6 of the Co‑operation Agreement so the Plaintiff was not entitled to enforce the Guaranteed Return or 50% profit under Clause 6; the Plaintiff's action is dismissed.