Read the full judgment text of HCA 001093/2006 on BabelCite. This High Court CFI judgment.
1. These are related summonses under Order 14 which the Master has directed to be heard by a judge. The two actions arise from the same agreement by which the Plaintiff (“Mr Huen”) sold his shareholding in Pacific World Asset Management Limited (“the Company”) to the Defendant (“Mr Choy”) for a total consideration of $40,000,000. The Company which was incorporated in Hong Kong in February 1993 had a nominal capital of $3,300,000 divided into 3,300,000 ordinary shares of $1 each. Mr Huen held
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