15 Nov 1979
KINGLY GOLD CO (A FIRM) v. CHAN SAU SHUI
- Citation
- KINGLY GOLD CO (A FIRM) v. CHAN SAU SHUI
- Court
- Court of First Instance
- Case number
- HCA3042/1978
The court found on balance of probabilities that the defendant signed the authorization knowing its effect and gave instructions to buy and sell gold; the plaintiff incurred the trading liability and is entitled to indemnity under the letter of authorization; judgment entered for plaintiff for the proven loss with interest and costs and the defendant's counterclaim dismissed.