Hong Kong Case Law: Decisions & Judgments

YEUNG SIU MING v. MAN LUNG TEXTILES LTD AND OTHERS

Citation

YEUNG SIU MING v. MAN LUNG TEXTILES LTD AND OTHERS

Court

Court of First Instance

Case number

HCCW425/2016

Petitioner lacked locus standi because he had sold all his shares on 30 January 2015 and therefore did not satisfy section 179(1)(a)(ii) at the time of presentation on 25 November 2016; the petition is struck out as defective and an abuse of process; costs awarded to respondents.

2 Feb 2004

RE FONFAIR CO LTD

Citation: RE FONFAIR CO LTD
Court: Court of First Instance
Case number: HCCW246/2002

The petitions to wind up Money Facts and Fonfair were dismissed: although a quasi‑partnership and equitable expectations between the parties existed, Harbour Front failed to establish wrongful exclusion from management and had itself engaged in misconduct that broke mutual trust and confidence; there were legitimate insolvency-related and statutory concerns (including potential setting aside under bankruptcy provisions and risk of indirect management by an undischarged bankrupt) justifying refusal to appoint Harbour Front nominees; Harbour Front also proved locus for Fonfair petition by annua…