11 Jun 2024
HARBOUR FRONT LTD v. LEUNG YUET KEUNG AND ANOTHER
- Citation
- [2024] HKCFI 1599
- Court
- Court of First Instance
- Case number
- HCMP1988/2018
The court concluded Harbour Front had not taken genuine and substantial steps to remedy the prior misconduct that had destroyed mutual trust and confidence; because the breakdown was, in practical terms, irretrievable and Harbour Front's late offers were tactical rather than remedial, it was fair to order a buyout of YK's shares (HCMP 1471/2019) and to dismiss Harbour Front's Petitions (HCMP 1987/2018 and HCMP 1988/2018); injunctions sought by Harbour Front were an abuse and prejudiced YK