Read the full judgment text of HCAP 000001/1995 on BabelCite. This High Court CFI judgment was delivered on 11 May 1998.
1. Both Plaintiffs and the 1st Defendant were co-executors appointed under a Will of the Deceased to administer his estate. This is an action brought by the Plaintiffs against the 1st Defendant for breach of trust in (a) failing to co-operate with the Plaintiffs in the distribution of most of the assets to the beneficiaries, and (b) the unauthorized disposal of a substantial amount of shares listed in the Hong Kong Stock Exchange. The Plaintiffs claimed against the 1st Defendant for a number of