21 Dec 2007
YUENG MAN LOONG MAXLY AND ANOTHER v. TSANG SAU HING BEATRICE AND OTHERS
- Citation
- YUENG MAN LOONG MAXLY AND ANOTHER v. TSANG SAU HING BEATRICE AND OTHERS
- Court
- Court of First Instance
- Case number
- HCCW132/2007
The court found there was a complete breakdown of trust and an irretrievable deadlock between the families in relation to the four companies; the Yeungs were substantially to blame for the deadlock; the accounting and bank‑account complaints did not establish unfairly prejudicial conduct warranting a buy‑out under s168A; accordingly the petitions by the Tsangs for winding up were granted and the Yeungs' cross‑petitions dismissed.