10 Jul 2000
CHAN KUM BUN AND ANOTHER v. HAUXTON ENTERPRISES LTD. AND ANOTHER
- Citation
- CHAN KUM BUN AND ANOTHER v. HAUXTON ENTERPRISES LTD. AND ANOTHER
- Court
- Court of First Instance
- Case number
- HCA11803/1999
Mr Yun, acting for his own company, knowingly consented to judgment without disclosing that the property had been surrendered to the bank and that completion was impossible; his omission amounted to serious dereliction of duty justifying an order that Yun & Co. bear costs personally, and as stakeholder Yun & Co. must return the $230,000 deposit where completion did not occur.