Read the full judgment text of HCA 382/2009 on BabelCite. This High Court CFI judgment was delivered on 2 April 2015.
1. The plaintiff (“ DBS ”) was/is a licensed bank in Hong Kong. The defendant (“ Sit ”) was/is a businessman/investor and former customer of DBS. The present action concerned alleged “mis-selling” of financial products. DBS claimed Sit sustained losses caused by adverse market conditions in 2008, but wrongfully failed/refused to meet margin calls for losses he sustained. But Sit claimed DBS committed wrongs against him, including inter alia misrepresentation, breach of duties in tort (common
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