Read the full judgment text of HCA 764/2015 on BabelCite. This High Court CFI judgment was delivered on 16 May 2016.
1. In this case the plaintiff brought a case against the defendant (“the Foundation”) in respect of an oral agreement for a loan of $42.35 million. Allegedly the purpose of the loan was to fund litigation over the late Nina Wang’s will. It was said that the oral agreement took place sometime in January or February 2009; that the initial introduction was made by the late Tsui Chin Tong to introduce Dr Kung of the Foundation to the plaintiff; that the initial meeting precipitated further meetings
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