20 Apr 2022
CHINACULTURE.COM LTD v. LAM TING BALL, PAUL AND OTHERS
- Citation
- [2022] HKCFI 1114
- Court
- Court of First Instance
- Case number
- HCA2902/2017
Plaintiff failed to prove on balance of probabilities that the defendants committed wilful default or acted for an improper purpose; deficiencies in process and documentation showed slipshod corporate governance but not the required conscious or reckless indifference to duty; inclusion and valuation decisions fell within commercial judgment and the claimed causative loss was not established; action dismissed.