23 Jun 2020
MUSIC HOLDINGS PROPERTY HK LTD (formerly known as BECKTON INTERNATIONAL LTD) AND ANOTHER v. LARRY BRENDON MANAGEMENT LTD AND OTHERS
- Citation
- [2020] HKCFI 1312
- Court
- Court of First Instance
- Case number
- HCA2304/2014
The court found on the evidence that Lau acted as agent for the plaintiffs and, from the inception of the arrangement, held the funds in both HSBC accounts on trust for the respective plaintiffs; Lau failed to prove any oral service‑fee agreements so her set‑off/counterclaim was dismissed; sums were awarded to Music Holdings (HK$360,000) and Coolaudio (HK$3,584,719.09) with interest, the funds paid into court were to be applied to satisfy those judgments, and plaintiffs were entitled to declarations and to trace the funds transferred to Larry Brendon, who held them on behalf of Lau and is acc…