12 Oct 2018
SONG LIAN ZHONG AND OTHERS v. CHAN SZE WAN AND OTHERS
- Citation
- [2018] HKCA 685
- Court
- Court of Appeal
- Case number
- CACV135/2017
The Court of Appeal dismissed the appeal and affirmed the trial judge's findings: the evidence (including a contemporaneous Beijing Rongxin board resolution and independent witness testimony) established the Agreed Arrangement and that defendants held the relevant 46% shareholding on trust for Song; the Senior Officials and Buyback representations induced Samson's RMB130m investment; the trial judge's credibility assessments and factual conclusions were not plainly wrong and therefore should not be disturbed; quantification of monetary issues is to proceed in the BVI proceedings; costs follow…