14 Dec 2007
CHEONG SHING LTD v. YU KWAN
- Citation
- CHEONG SHING LTD v. YU KWAN
- Court
- Court of Appeal
- Case number
- CACV319/2006
The Court upheld the trial judge's factual findings that the HK$38.76 million was advanced as a loan, that the first and third defendants acted together to obtain the loan and used the fifth defendant as the vehicle to receive the funds, and therefore judgment for repayment with interest was payable by the first, third and fifth defendants; the appeals were dismissed.