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Sun Hung Kai Investment Services Ltd v Quality Prince Ltd & others
HK Court of First Instance, 13-Jan-2014
SHK (0086) loses its case against Jane Chan Yam Fai, widow of Lam Sai Wing, the founder of 3D-Gold Jewellery. SHK is pursuing a HK$36m debt (as of 13-Oct-2008, plus interest since). The judge finds that she signed the guarantee under undue influence of her husband, and thereby flushes the claim down the golden toilet for which Lam was famous.
Organisations
- 3D-GOLD Jewellery Holdings Limited 金至尊珠寶控股有限公司
- Everbright Securities Investment Services (HK) Limited 光大證券投資服務（香港）有限公司
- SUN HUNG KAI & CO. LIMITED 新鴻基有限公司
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