12 Jun 2018
CHOW HOW YEEN MARGARET AND OTHERS v. WEX PHARMACEUTICALS INC AND ANOTHER
- Citation
- [2018] HKCA 344
- Court
- Court of Appeal
- Case number
- CACV33/2017
The Court of Appeal upheld the trial judge's finding that the CP representation was a fraudulent misrepresentation that induced the Plaintiffs to purchase shares; it dismissed the appeal against liability and costs but held the trial judge erred in principle by awarding pre-judgment interest at judgment (Canadian) rates and substituted Hong Kong prime rate plus 1% as the appropriate pre-judgment rate given the money was paid in Hong Kong; the court affirmed the trial judge's imposition of indemnity costs and enhanced interest under Order 22 r24 and ordered costs of the appeal against the Defe…