20 Jan 2021
DIAGCOR BIOSCIENCE INCORPORATION LTD AND ANOTHER v. ZENDEX BIO STRATEGY INCORPORATED AND OTHERS
- Citation
- [2021] HKCFI 146
- Court
- Court of First Instance
- Case number
- HCA2733/2015
Court found plaintiffs failed to prove the pleaded representation was false and dismissed the misrepresentation claim and all claims by P1; the Collaboration Agreement was an unenforceable framework/agreement to agree and the Commission Agreement imposed a best‑endeavours obligation at city/district level which was not shown to have been breached; fiduciary duties were owed to P2 by D2 and D3 but not to P1; only P2's claim based on the 2nd and 3rd LIS contracts (payment of RMB 2,765,000 / HK$3,448,060.86) was established and awarded against D1, D2 and D3 (jointly and severally) together with…