25 Feb 2003
PBM (HONG KONG) LTD. v. TANG KAM LUN, ALLAN AND OTHERS
- Citation
- PBM (HONG KONG) LTD. v. TANG KAM LUN, ALLAN AND OTHERS
- Court
- Court of Appeal
- Case number
- CACV274/2002
The Court of Appeal upheld the trial judge's adverse credibility findings, concluded the share sale and related transfers were sham devices to conceal funds misappropriated by Tang, found Chan lacked any credible explanation and had the requisite knowledge amounting to dishonesty and knowing assistance, and dismissed the appeal thereby affirming the trial judge's orders against RTIL and Chan as to recovery and costs.