22 May 2024
TANG CHACK WING (by his next friend TANG KIT YAN CARRIE) v. YUNG WOON KWAI
- Citation
- [2024] HKCFI 1331
- Court
- Court of First Instance
- Case number
- HCA1837/2020
Defendant repudiated the Agreement by persistent non-payment and unlawful termination; clause 4.2(A) is an innominate term and plaintiff’s conduct (including lodging winding up petitions) did not deprive defendant of substantially the whole benefit of the contract nor justify termination; only a narrow implied term (no destruction of subject shares) is recognized; plaintiff entitled to specific performance and judgment for outstanding HK$990,000,000 plus interest.