16 Jul 1999
CHINASCREEN LTD. v. CHINA SILK ENTERPRISE LTD. AND OTHERS
- Citation
- CHINASCREEN LTD. v. CHINA SILK ENTERPRISE LTD. AND OTHERS
- Court
- Court of First Instance
- Case number
- HCA2411/1992
The Court found that binding contracts existed between Chinascreen and Otto Kern; Otto Kern's cancellation was not justified and amounted to breach; Mr Ting and Goldyork procured that breach by enticing Chinascreen's merchandisers to defect, and Mr Ting breached his fiduciary duties as director; Goldyork, controlled by Mr Ting, was imputed with his knowledge and must account as constructive trustee for profits derived; conspiracy involving China Silk was not established; quantification: damages for procurement were fixed at $3,206,824 or, alternatively, account of profits for Spring 1992 of $…