2 May 2000
LAM KI MING AND ANOTHER v. WONG CHI NANG AND ANOTHER
- Citation
- LAM KI MING AND ANOTHER v. WONG CHI NANG AND ANOTHER
- Court
- Court of First Instance
- Case number
- HCA2690/1996
On the balance of probabilities the plaintiffs voluntarily invested as taking a one‑seventh interest in Kai Yeung's project under the triparte agreement; the HK$500,000 paid to plaintiffs were loans repayable with interest; the defendants proved the project stalled through no fault of theirs; plaintiffs' claim for refund fails and is dismissed; judgment entered for defendants on their counterclaims for repayment of the HK$500,000 with interest and RMB1,142,857 with interest and costs.