15 Jun 2022
CHAMPION FOREVER GROUP LTD v. ADDCHANCE DYEING FACTORY LTD
- Citation
- [2022] HKCFI 1799
- Court
- Court of First Instance
- Case number
- HCMP2556/2017
The strike out application was dismissed. The Court held that on the pleaded facts the plaintiffs sufficiently identified proprietary rights (including the right to discharge the 2nd Mortgage and the right to the unencumbered Tower) which could have been wrongfully transferred in breach of Poon's fiduciary duties and thereafter received by Champion; it was not plain and obvious that the knowing receipt cause of action was unsustainable, and the issues should be resolved at trial.