Read the full judgment text of HCA 1542/2010 on BabelCite. This High Court CFI judgment was delivered on 16 October 2015.
1. The 1 st plaintiff (“ BAL ”) and its sole shareholder and director, the 2 nd plaintiff (“ Kwei ”), are seeking to recover money allegedly advanced to the defendant (“ Lau ”) in connection with a project of purchase and assembly of landed properties for sub-sale at a profit to developer with a view to redevelopment of the site. Lau denies liability and contends that it was an investment of BAL and Kwei. He counterclaims to recover what he had alleged paid for Kwei.