11 Aug 2016
GAO HAIYAN AND ANOTHER v. KEENEYE HOLDINGS LTD AND OTHERS
- Citation
- GAO HAIYAN AND ANOTHER v. KEENEYE HOLDINGS LTD AND OTHERS
- Court
- Court of First Instance
- Case number
- HCA1315/2009
Judge found on credibility and documents that the 2010 Oral Agreement and the May Agreement were fabricated by Ma; Ma breached STAs by withholding payment (RMB18m), failing to fund litigation, secretly assigning/reselling his contractual interest (Ma/Zi Agreement) and settling with Zhang without consent; those breaches cumulatively amounted to repudiation accepted by Gao and Xie; STAs terminated as of 26 November 2013; Ma's claim for specific performance dismissed; Gao and Xie entitled to damages and recovery orders including payment by Ma of RMB18,000,000 plus contractual late‑payment damage…