17 Jun 2022
BEIJING HANTONG YUZHI CONVENTION CENTRE LTD v. LAO YUAN YI
- Citation
- [2022] HKCA 869
- Court
- Court of Appeal
- Case number
- CACV210/2018
The appeal is dismissed because the plaintiff failed to prove an express trust of 50% in Praiseup; contemporaneous documents and findings established VTI China held 18.53% and the defendant held 31.47% beneficially, and in any event the claim was barred by laches after prolonged delay causing prejudice to the defendant.