23 Mar 2015
WOODCRAFT CORPORATION AND OTHERS v. YANG HSIU LI AND ANOTHER
- Citation
- WOODCRAFT CORPORATION AND OTHERS v. YANG HSIU LI AND ANOTHER<br>
- Court
- Court of First Instance
- Case number
- HCA887/2005
The plaintiffs proved on balance that the sums in the defendants' Citibank Hong Kong accounts were identifiable proceeds of the 1st defendant's theft; equity imposes a constructive trust on those funds and the plaintiffs are entitled to trace and recover them; Taiwan monetary judgments are final and do not bar the present proprietary claim under Cap 46 s5; therefore declaration, payment order and preservation of the funds were made for the plaintiffs.