15 Aug 2017
李錦文 對 譚芳及另二人
- Citation
- 李錦文 對 譚芳及另二人
- Court
- District Court
- Case number
- DCCJ3882/2014
On the facts the plaintiff was not an employee but a substantial investor and operations director with signatory and managerial powers; defendants had performed their obligations to execute share transfer documents and any failure to perfect transfers was plaintiff's default; plaintiff was a de facto director and thus owed fiduciary duties and was liable for conversion/misappropriation; defendants' counterclaims for loan repayment succeed and plaintiff must repay HK$160,000 to each defendant, provide company accounts, return funds and property and is liable for further assessed loss to the co…