Hong Kong Case Law: Decisions & Judgments | LexChat

Hong Kong Case Law

Sham company/alter ego
  • 1 Dec 1998

    RE CHUNG WONG KIT

    Citation
    RE CHUNG WONG KIT
    Court
    Court of Appeal
    Case number
    CACV219/1998

    The admissions relied upon were not sufficiently clear and unambiguous to establish that the company held the properties as bare trustee or was a sham of the bankrupt; admissions by individual directors and other respondents could not be treated as admissions by the company for the purpose of granting judgment on admissions, and the lien orders made by the judge were set aside because they would improperly deprive the Trustee of the ability to pursue substantive relief at trial.