Read the full judgment text of CACV 14/2021 on BabelCite. This Court of Appeal judgment was delivered on 7 September 2021.
1. On 23 December 2020, Coleman J handed down a judgment of 140 pages (“ the Judgment ”) dismissing two actions brought by Yu Man Fung Alice (“ the plaintiff ” or “ Ms Yu ”) against Chiau Sing Chi Stephen (“ the defendant ” or “ Mr Chiau ”) for damages of some $80 million and other reliefs arising out of an oral agreement (“ Oral Agreement ”) allegedly made between them at around Christmas 2002, in which Mr Chiau agreed to pay Ms Yu 10% share of net profits made on all successful investments rec
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