28 Aug 2024
JOY RICH DEVELOPMENT LTD (In liquidation) v. FAMEWAY FINANCE LTD AND ANOTHER
- Citation
- [2024] HKCFI 2204
- Court
- Court of First Instance
- Case number
- HCA1497/2022
The Default Judgment was set aside because Joy Rich demonstrated a real prospect of success on arguable legal grounds that the Fameway loan and mortgage could be void or avoidable as entered in breach of fiduciary duties by a shadow director; defences based on attribution, clean hands and restitutio in integrum did not, on the material before the court, outweigh the merits or justify refusing relief; strike-out challenges lacked the necessary clarity to dispose of the SOC and Lau's strike-out application was dismissed.