Read the full judgment text of HCA 925/2010 on BabelCite. This High Court CFI judgment was delivered on 7 April 2014.
1. In 1991 the plaintiff and the 1 st defendant, who had been friends since schooldays, agreed to make a joint investment by purchasing a property. They agreed to use the 3 rd defendant as a corporate vehicle for the purchase of the 3 rd floor flat, 23 Plantation Road, the Peak, Hong Kong (“the property”) in February 1991. The property has been the 3 rd defendant’s only asset since (apart from rental income). In 1992 the plaintiff and the 1 st defendant became equal shareholders in the 3 rd de
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