Read the full judgment text of CACV 000006/1989 on BabelCite. This Court of Appeal judgment was delivered on 10 October 1989.
1. The genesis of these proceedings is to be found in a successful rescue operation mounted by the Hong Kong & Shanghai Banking Corporation in about August 1975 by which the liquidation of one of their customers, Hutchison International Ltd, then owing money to them and to others, was averted. In order to be seen fully to stand behind Hutchison the principal means employed were to procure changes in the management of the customer, to provide additional capital and banking facilities and to cause