31 Dec 1997
PANG TUNG CHOI v. CHEUNG SIU KI and Another
- Citation
- PANG TUNG CHOI v. CHEUNG SIU KI and Another
- Court
- Court of First Instance
- Case number
- HCA11448/1994
The court made factual findings that investors were on notice of a substantial broker/commission payment, that Wellward was established at the 1st Defendant's direction and held for his purposes, and that the 1st Defendant failed to prove he used alternative traced funds to justify the payments; concurrently the court found key parts of Pang's case (notably misrepresentation as alleged) unproven and his evidence unreliable; having made these findings the judge declined to enter final orders immediately and left parties to draft orders and to restore the matter for further directions.