14 Dec 2000
MAXGOOD INTERNATIONAL LTD. v. HYRAN HOLDINGS LTD. AND ANOTHER
- Citation
- MAXGOOD INTERNATIONAL LTD. v. HYRAN HOLDINGS LTD. AND ANOTHER
- Court
- Court of First Instance
- Case number
- HCCL286/1998
Claim dismissed because plaintiff pursued personal relief rather than a genuine derivative action; facts establish the purchaser was a Bermudan Hyran entity, not the Hong Kong 1st defendant, so no liability attaches to the 1st defendant; no proven fiduciary breach or misappropriation by the defendants in the circumstances; buy-back and account remedies unmeritorious on the facts and law.