SONIA YAU and ANDREW HUNG(being the Joint and Several Liquidators ofKam Kuen Construction Company Limited) v LAU MING YIN

Read the full judgment text of HCMP 000258/2009 on BabelCite. This High Court CFI judgment was delivered on 18 March 2009.

1. Mr Lau Ming Yin (“Mr Lau”), was a director of Kam Kuen Construction Company Limited (“the Company”) which is in liquidation, holding HK$9,980,000, out of 10 million issued shares.  Mr Lau was also a director of Kam Kuen Engineering Limited (“KKE”).  By a deed of assignment dated 10 December 2001 (“the deed”) made between the Company as assignor, KKE as assignee, and Mr Lau as debtor, the Company assigned a debt of HK$7,262,042.69 owed by Mr Lau to the Company in return for the satisfaction an