23 Jan 2003
DONALD KOO HOI-YAN v. EMMANUEL CHU CHEE KAO AND OTHERS
- Citation
- DONALD KOO HOI-YAN v. EMMANUEL CHU CHEE KAO AND OTHERS
- Court
- Court of First Instance
- Case number
- HCMP3533/1995
The judge found on the evidence that the investments were made and held through corporate vehicles (Dollarwell and the 3rd defendant) with the plaintiff holding beneficial interests in the companies rather than establishing that the 1st and 2nd defendants were trustees of the investments; declarations of trust over company shares did not convert the 1st and 2nd defendants into trustees of the underlying property or Fund unit for the plaintiff, therefore the plaintiff failed to prove the asserted trusts and the originating summons must be dismissed; remedies lie against the companies and by co…