29 Aug 2025
FUKU GROUP LIMITED formerly known as LIONSTAR GROUP LTD v. RAKICH INVESTMENTS LTD formerly known as COMPUTER DYNAMICS LTD AND OTHERS
- Citation
- [2025] HKCFI 3881
- Court
- Court of First Instance
- Case number
- HCA2400/2018
Where a party knowingly or recklessly makes false representations as to title to the subject matter inducing another to enter a contract, the contract is voidable for fraudulent misrepresentation; the representee may rescind the contract ab initio and recover restitution and damages, and the individual representors are personally liable; applying these principles, the Agreement was rescinded and damages awarded to Rakich Investments.