31 Jan 2008
NAM TAI ELECTRONICS, INC. v. PRICEWATERHOUSE COOPERS
- Citation
- NAM TAI ELECTRONICS, INC. v. PRICEWATERHOUSE COOPERS
- Court
- Court of Final Appeal
- Case number
- FACV1/2007
The Court accepted that a limited 'defensive disclosure' term may be implied allowing disclosure of confidential information where fairly required to protect legitimate interests, but held that PWC's specific disclosure that it had recommended against the acquisition was not reasonably understood as a necessary response to Nam Tai's equivocal objection to PWC's appointment and therefore was not 'fairly required'; accordingly PWC breached its duty of confidence and nominal damages of HK$100 were awarded.