The Court ordered Zhang to sell his shares under a shareholders’ agreement, upheld termination for default, and set aside later share transfers involving 20,000 shares.
The District Court granted default judgment only for specific performance of a separation agreement, but refused declarations, injunctions, and damages claims.
The District Court found a refund agreement for cryptocurrency transfers, held the defendant in breach, and awarded the plaintiff US$252,397.33 in damages.
The Court of First Instance granted summary judgment for the plaintiff in a share sale dispute, ordered specific performance, and struck out the defendant’s counterclaim.
The Court of First Instance allowed the defendant’s appeal against summary judgment, finding a triable issue on whether the repurchase right had to be exercised within a reasonable time.
Court rejected an alleged oral collateral agreement over property transfers, upheld Well Dynasty’s possession claim, and dismissed the related declaration and specific performance action.
The Court of First Instance found no oral collateral agreement, rejected part performance and estoppel arguments, terminated any licence to occupy, and granted Well Dynasty vacant possession.
Court accepted plaintiff's unchallenged evidence that defendant breached the agreement by revoking authority, allowing third-party occupation and failing to defend a registrable claim; plaintiff was ready and able to complete and therefore specific performance is appropriate subject to the statutory and contractual rights of the Government under the New Grant (notably payment of any premium and obtaining Commissioner of Lands' consent); plaintiff is also entitled to rental compensation from 1 June 2017, subject to deduction of rates and government rent and interest on the unpaid contract bala…
The Court of Appeal refused a renewed stay of execution pending appeal in a land dispute involving a Tso, finding no strong appeal grounds or good reason to suspend enforcement.