Hong Kong Case Law: Decisions & Judgments | LexChat

Hong Kong Case Law

Liability of agents
  • 18 Jan 2006

    SINCERE SECURITIES LTD v. LI MOU TONG, VINCENT

    Citation
    SINCERE SECURITIES LTD v. LI MOU TONG, VINCENT
    Court
    Court of Appeal
    Case number
    CACV54/2005

    The appellant failed to prove that the alleged indemnity and guarantee terms were to be implied into the defendant's employment contract either by business efficacy or by a trade custom; the evidence did not establish the necessary clarity, precision or uniformity for implication and the documents were signed after employment had ended and were tainted by duress, therefore the defendant was not liable for the BGL loss and the appeal was dismissed.