Hong Kong Case Law: Decisions & Judgments | LexChat

Hong Kong Case Law

Valuation/arbitration
  • 16 Apr 2020

    JEFFREY GRAY AND OTHERS v. LAU CHUN TO AND OTHERS

    Citation
    [2020] HKCFI 596
    Court
    Court of First Instance
    Case number
    HCMP1753/2018

    Where, after evidence has been placed before the court and counsel have opened their cases, the court itself considers on that material that the company’s affairs have been conducted in a manner unfairly prejudicial to members and respondents either do not oppose the allegations or take a neutral position, the court has power to make orders under s725(1)(a) without requiring a full trial; however, absent sufficient evidence or where respondents contest the allegations, a trial is required because a finding of unfair prejudice is a jurisdictional prerequisite.