13 Mar 2017
CHERRYPICKS LTD AND ANOTHER v. HONG KONG SHOPLEY TRADING CO LTD
- Citation
- CHERRYPICKS LTD AND ANOTHER v. HONG KONG SHOPLEY TRADING CO LTD
- Court
- District Court
- Case number
- DCMP3330/2016
The transfers of HK$500,000.00 from each plaintiff were made under a mistake of fact induced by unauthorised impersonation of the CEO; accordingly the defendant and the bank hold the sums (including converted US$128,632.47 and remaining HK$470.00) on trust for the plaintiffs and must repay them, with costs to the plaintiffs.