12 Dec 2011
KWAN FRANCIS HUNG SANG v. HONG KONG EXCHANGES AND CLEARING LTD
- Citation
- KWAN FRANCIS HUNG SANG v. HONG KONG EXCHANGES AND CLEARING LTD
- Court
- Court of First Instance
- Case number
- HCA1498/2010
Even accepting the plaintiff's factual case and implied terms, the 4 March 2004 Acknowledgement constituted a valid binding settlement of existing and potential claims and the Share Option Scheme expressly excluded any contractual rights to compensation on termination; accordingly there was no arguable case to survive a strike out and the statement of claim was plain and obviously unsustainable.