Read the full judgment text of HCA 005312/1981 on BabelCite. This High Court CFI judgment was delivered on 7 March 1983.
1. In the summer of 1980 there was money to be made from the purchase and sale of property in Hong Kong. A number of businessmen experienced in manufacture and trade who daily lunched together at the "China Restaurant" in Kowloon were minded to engage in such activity. They formed a limited company, Balchita Limited the plaintiffs in this action, as their vehicle for this perfectly legitimate enterprise. On or about the 11th August 1980 one of the businessmen in question and a director of Balchi