WINLAND MORTGAGE LIMITED v HO MAN KIT HORACE AND KONG SZE MANSIMONE, THE JOINT AND SEVERALLIQUIDATORS OF LABOUR BUILDINGSLIMITED (IN LIQUIDATION)

Read the full judgment text of HCA 1509/2015 on BabelCite. This High Court CFI judgment was delivered on 30 December 2020.

1. In this action, the 1 st plaintiff, Winland Mortgage Ltd (“ Winland ”), the 2 nd plaintiff, the joint and several liquidators of Labour Buildings Ltd (in liq) (“ Liquidators ”) and the 3 rd plaintiff, the joint and several receivers of Labour Buildings Ltd (in liq) (“ Receivers ”) (collectively “ Ps ”) claim against the defendant, Star Rainbow Investments Limited (“ D ”), for a sum of $4.55 million (“ Sum ”) which has been deducted by D from the purchase price payable by D to Labour Buildings

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