31 Dec 2021
藍仲民及另一人 對 葉耀鎏及另一人
- Citation
- [2021] HKCFI 3901
- Court
- Court of First Instance
- Case number
- HCA1431/2018
The court accepted plaintiffs' account as credible and found defendants, in particular the first defendant, breached the 2015 oral investment agreement by failing to transfer the contracted shares despite receipt of the full investment; this constituted a total failure of consideration entitling plaintiffs to restitution of the investment. Contemporaneous communications and witness evidence undermined the defendant's account that the plaintiffs prevented transfer, so repayment was ordered.