19 Sept 2025
彗通有限公司 對 劉惠東
- Citation
- [2025] HKCFI 4196
- Court
- Court of First Instance
- Case number
- HCA1575/2023
Defendant breached the share subscription agreement by failing to pay the subscription price; the court accepted the parties' post‑contractual agreement to a reasonable time and fixed the breach/valuation date as 7 May 2023; plaintiff's expert valuation was admissible and sufficient; losses were foreseeable and quantified by converting the contract price to HKD and deducting the value of the shares the defendant would have received, resulting in damages of HKD150,861,190.5, which the defendant must pay.