16 Jul 1990
RICHARDSON GREENSHIELDS OF CANADA (PACIFIC) LTD v. ONG YIP CHUNG HENRY AND ANOTHER
- Citation
- RICHARDSON GREENSHIELDS OF CANADA (PACIFIC) LTD v. ONG YIP CHUNG HENRY AND ANOTHER
- Court
- Court of First Instance
- Case number
- HCA7291/1987
On the evidence the account was that of Mrs Ong alone, Mr Ong was not liable; there was no persuasive evidence that instructions to liquidate were given on 19 or 21 October; failure to include or provide Rule 431 risk disclosure did not cause Mrs Ong's loss nor establish a fiduciary breach; the Plaintiff lawfully liquidated as creditor and proved the account balance on the probabilities; judgment for Plaintiff against 2nd Defendant for HK$12,236,707.38, claim against 1st Defendant dismissed.