Read the full judgment text of HCA 537/2013 on BabelCite. This High Court CFI judgment was delivered on 13 January 2017.
1. The Defendants represented to the Plaintiffs that they had ownership of a patent to manufacture a drug. They lost the ownership in PRC proceedings before the 1 st Plaintiff (through a nominee company) entered into a distribution agreement and before the Plaintiffs started purchasing shares of the 1 st Defendant pursuant to a share agreement. The distribution agreement was never performed. The share price dropped when the loss of ownership of the patent was announced some years after the lo
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