11 May 2007
NG TUNG AND ANOTHER v. CHUNG HING TRANSPORTATION AND GODOWN CO LTD
- Citation
- NG TUNG AND ANOTHER v. CHUNG HING TRANSPORTATION AND GODOWN CO LTD
- Court
- Court of Appeal
- Case number
- CACV352/2006
The right of pre-emption was valid because it formed part of a comprehensive, contemporaneous commercial arrangement (share swap, tenancy and assumption of liabilities) and, assessed objectively in that broader context, the transaction was fair when made; a partial restraint must be judged in context and not invalidated automatically as a restraint on alienation.