Read the full judgment text of HCA 1027/2020 on BabelCite. This High Court CFI judgment was delivered on 13 May 2021.
1. These proceedings have arisen out of the arrangements for a “non-recourse loan” to be advanced on the security of certain shares listed in Hong Kong. The plaintiff is the borrower and owner of the shares in question. The loan had not been advanced, but the shares pledged had been sold on the market without the plaintiff’s knowledge. The plaintiff has since brought this action against the lender and the custodian of the shares as the 1 st and 2 nd defendants herein respectively. The princip
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