6 Mar 2025
GOLDEN MILES GROUP HOLDINGS LTD v. JACOB & CO LTD
- Citation
- [2025] HKCFI 663
- Court
- Court of First Instance
- Case number
- HCA2453/2017
No binding oral agreement was established; the 29.08.2017 email did not constitute the written notice required by clause 7.2(a) so termination under that clause was not valid; however Jacob & Co validly terminated the Agreement at common law because Golden Miles submitted materially false and exaggerated marketing expense claims in the Marketing Report, breaches which were repudiatory and irremediable and which destroyed trust; general good faith was not implied as a free‑standing term but the obligation under clause 2.1(k) to provide truthful reports was construed to require accuracy; Jacob…