21 Dec 2007
BEATRICE TSANG SAU HING AND ANOTHER v. YUENG MAN LOONG MAXLY AND OTHERS
- Citation
- BEATRICE TSANG SAU HING AND ANOTHER v. YUENG MAN LOONG MAXLY AND OTHERS
- Court
- Court of First Instance
- Case number
- HCCW51/2006
Winding up orders granted for the four Hong Kong companies on the just and equitable ground under s177(1)(f) because there was a complete breakdown of trust and an irreconcilable deadlock; the Yeungs failed to prove unfairly prejudicial conduct under s168A so their buy-out cross-petitions were dismissed; the US$1.6m withdrawal by Tsang Hon Kong was improper between the individuals but did not constitute conduct in relation to the companies sufficient for s168A relief.