Read the full judgment text of DCCJ 4450/2016 on BabelCite. This District Court judgment was delivered on 14 September 2020.
1. On 24 June 2015, Ms So Yuk Yi (“Ms So”) and Hong Kong Business Gain Company Limited (“Business Gain”), through its director and shareholder Mr Tse Kam Hung (“Mr Tse”), entered a letter of intent for Ms So to operate a franchise education centre in the name of “Thames Culture”. Ms So paid a sum of HK$50,000 by cheque, representing her intention money which, according to the terms of the letter of intent, was non-refundable but would form part payment to Business Gain upon execution of a formal
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