16 May 2025
LEUNG CHA SEE PHARMACEUTICAL LTD AND OTHERS v. MAN KAM HO AND OTHERS
- Citation
- [2025] HKCFI 2003
- Court
- Court of First Instance
- Case number
- HCA1685/2019
Plaintiffs failed to prove, on the balance of probabilities and with the necessary particularity for fraud allegations, that the April–July 2018 transactions were fictitious or constituted misappropriation; Man (as General Manager) did owe fiduciary duties but plaintiffs did not prove breach; Zhu was not liable to pay the alleged HK$8,422,767.72 contribution because the Agreement did not impose that payment and ambiguities are resolved against the drafting investors; Propitious breached its funding obligations which entitled the other contracting party to withhold performance as appropriate;…