PACIFIC DUNLOP GARMENTS LIMITED(太平洋鄧祿普製衣有限公司) v FUNDAMENTAL GLOBAL LIMITED

Read the full judgment text of HCA 1655/2008 on BabelCite. This High Court CFI judgment was delivered on 7 August 2013.

1. This action concerns the sale and purchase of all the shares (“Shares”) of a Hong Kong company by the name of Eunice Lingerie Ltd (“EHK”). The plaintiff (“P”) was the purchaser in the transaction and the 1 st to 3 rd defendants (“Ds”) were the vendors. Ds are BVI companies and they used to own all the shares in EHK. In November 2009, their shares were transferred to the 4 th defendant (“D4”). D4 was joined in these proceedings so as to be bound by the results of this action.