MELVIN WAXMAN(suing on behalf of himself and all other shareholders of the 9th Defendant, except LI FEI YU, the 1st Defendant herein) v LI FEI YU

Read the full judgment text of HCA 1973/2012 on BabelCite. This High Court CFI judgment was delivered on 30 January 2015.

1. The plaintiff (“ P ”) is a United States national.  He had been in the plumbing business for over 50 years and was assisted by his son Larry Waxman (“ LW ”).  The 1 st defendant (“ D1 ”) is a PRC national who resides in Xiamen, PRC.  According to P’s witness statement filed on 24 July 2014 (“ P’s WS ”), P and D1 became business partners in 1995 when they established a sino-foreign joint venture company to run a plumbing related business in Xiamen, PRC.  P claimed that as their business grew o

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