CHAN CHUN HOO v WADDINGTON LIMITED(Suing on behalf of itself and all other shareholders inPLAYMATES HOLDINGS LIMITED except the1st, 2nd, 4th and 5th Defendants)

Read the full judgment text of FAMV 000016/2007 on BabelCite. This FAMV judgment was delivered on 4 June 2007 before Bokhary PJ, Chan PJ, Ribeiro PJ.

1. We grant leave to appeal to the Court of Final Appeal under the “question of great general or public importance” limb of s.22(1)(b) of the Court’s statute, doing so in regard to the first two questions set out in para.10 of the applicant’s Notice of Motion but not in regard to the third question set out in that paragraph.  In other words, the leave which we grant is confined to the “reflective loss” and “multiple derivative action” issues.

Outcome: Leave to appeal granted in part, limited to the reflective loss and multiple derivative action issues.