Read the full judgment text of HCA 784/2022 on BabelCite. This High Court CFI judgment was delivered on 7 November 2025.
1. This is the trial of the claim of the Plaintiff (“ Hansom ”) against the Defendant (“ Mr Yang ”) for breach of director’s duties in approving and granting 5 loans totalling HK$799,000,000 (“ the 5 Loans ”) within 6 months. All 5 Loans were uncommercial and exposed Hansom to risks of default which have materialized. All 5 Loans are now irrecoverable. Further, 2 of the 5 Loans were extended on or around their respective due dates with a lower interest rate, without any commercial basis.
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