15 Sept 2017
CHUN YIP PLASTICS LTD AND OTHERS v. YUNG YUI KWAI AND OTHERS
- Citation
- CHUN YIP PLASTICS LTD AND OTHERS v. YUNG YUI KWAI AND OTHERS
- Court
- Court of First Instance
- Case number
- HCA1485/2015
The court refused the pre-trial valuation because on balance the valuation would be unlikely to advance settlement given the respondent camp's insistence on full disclosure of alleged wrongdoing, the parties could conduct desktop valuations, and an immediate valuation risked unnecessary expense; the court refused the proposed amendments because the pleaded accounting complaints were likely time-barred, the alleged mischaracterisations were contradicted by prior audited financial statements signed by the applicant, and there was no satisfactory basis to find the current directors would lawfull…