Read the full judgment text of HCA 1614/2019 on BabelCite. This High Court CFI judgment was delivered on 27 November 2020.
1. In these proceedings, the dispute is between two brothers (the plaintiff (“P”) and the 1 st defendant (“D1”)) over the ownership of a garment business, and specifically over the shares in the 2 nd defendant (“ATL”). The most valuable asset of D2 is its 96.25% shareholding in Kunshan Hoza Garment Manufacturing Company Limited (昆山厚實製衣有限公司) (“Kunshan Hoza”), which in turn owns a valuable piece of land in Kunshan, Jiangsu Province (“the Land”). The current value of the Land is between RMB50-80 mi
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