Read the full judgment text of HCA 1065/2016 on BabelCite. This High Court CFI judgment was delivered on 22 April 2020.
1. The question for determination in these proceedings is whether the prospective vendor (the defendant) is liable to return the money, in the sum of HK$30,000,000, deposited by the prospective purchaser (the plaintiff) into the defendant’s designated bank account, after the negotiation for purchase of shares in a listed company fell through.
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