29 Apr 2026
YONG LI INVESTMENTS LTD AND ANOTHER v. LEE SING LEUNG ROBIN
- Citation
- [2026] HKCFI 2341
- Court
- Court of First Instance
- Case number
- HCA542/2016
The court found the Oral Agreement (3 Conditions) as previously determined by Recorder Chow and accepted by defendant, and proved the Deed and Letter were signed by defendant; defendant failed to prove the alleged December 2009 global settlement and therefore breached contractual obligations by causing loss of the 50m shares and failing to transfer the 50,856,000 promissory-note entitlement; plaintiffs entitled to damages of HKD 3,600,000 (shares) and HKD 50,856,000 (promissory note) with interest and costs; defendant's counterclaim dismissed.