22 Apr 2025
LEUNG KING LUN DANNY AND OTHERS v. NG LOUIE KWOK KUEN AND OTHERS
- Citation
- [2025] HKCFI 1583
- Court
- Court of First Instance
- Case number
- HCMP2126/2021
The summons to strike out the petition is dismissed: whether the Assignment, nondisclosure of a director's conflict, leveraging of security and the two refusals to supply constitute unfair prejudice are fact‑sensitive issues that cannot be resolved as obviously unsustainable at interlocutory strike‑out stage. Financial loss is not a necessary precondition to establish unfair prejudice; concealment and conflict may amount to unfair prejudice. The buyout relief cannot be struck out because it is not shown at this stage that the shares would definitely have been worthless absent the alleged cond…