27 Oct 2017
LAU TIN CHEUNG v. TIANJIN DEVELOPMENT HOLDINGS LTD
- Citation
- LAU TIN CHEUNG v. TIANJIN DEVELOPMENT HOLDINGS LTD
- Court
- Court of Appeal
- Case number
- CACV2/2015
Clause 8 bound the defendant to make the share option available to the plaintiff upon completion of probation; the reference to the company's "unified regulations" imported procedural aspects (eg pricing and mechanics under the Scheme) but did not import provisions negating the contractual obligation to grant the option; valuation of lost option at termination date using exercise price determined under the Scheme was a reasonable assessment of damages; costs order was within trial judge's discretion and should stand.