Read the full judgment text of HCA 004550/2003 on BabelCite. This High Court CFI judgment was delivered on 12 January 2007.
1. In this action, Four Seas Fish Balls Company Limited (the “Plaintiff”) seeks to recover from the Defendant, one of its former directors, an amount of $1,482,333.34 being part of the retirement benefit paid to him under a retirement agreement (the “Agreement”) for the latter’s breach of the Agreement. It is common ground that on 10 October 2002, the board of directors of the Plaintiff approved the Agreement to pay retirement benefit to the Defendant in the total amount of $4,100,000 by instal
Cited by 1 case