8 Apr 2011
ARTICAL PRINTING FACTORY LTD v. HO KING NGAI
- Citation
- ARTICAL PRINTING FACTORY LTD v. HO KING NGAI
- Court
- Court of First Instance
- Case number
- HCA305/2009
Defendant, while employed, breached his employment contract and fiduciary duties by diverting orders and causing sales at below the Plaintiff's Quotation Prices and by procuring sales through Pure Creative in which he had control; he must account for secret profits (assessed at HK$213,829.00) and is liable for losses from under-price sales and uninvoiced/delivered goods as calculated in Schedule 1 and Schedule 2. After crediting the prior payment of HK$600,000.00, the net amount payable by the Defendant to the Plaintiff is assessed at HK$3,724,384.73; interest at judgment rate and costs for t…