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Ex-Chinachem boss David Hui gets a gag order from judge

Ex-Chinachem boss David Hui gets a gag order from judge

Thomas Chan

A judge has barred Chinachem Group's former chief executive from disclosing or copying a list of documents, including notes and minutes from the company's meetings, until further notice.

David Hui Yip-wing was handed the interim injunction order in the Court of First Instance yesterday as he faced a lawsuit alleging that he breached his fiduciary duties.

The order states that Hui must surrender the documents and explain how he has previously used the information.

He breached the employment contract he signed with Chinachem Agencies on September 30, 2011, the company claims in a writ filed with another writ from Chinachem Financial Services on Wednesday.

In the lawsuit, he is accused of a breach of confidence as a director and senior executive of the two companies.

Hui was appointed group general manager and director in 2009 by accountancy firm Deloitte, then administrator of the estate of the late tycoon Nina Wang Kung Yu-sum.

Chinachem is the business empire of Wang, Asia's richest woman before she died in 2007.

Hui resigned as chief executive of the group in November.

Besides the meeting records, the two companies also asked for documents pertaining to litigation between the group and a mainland company, China Small and Medium Enterprise Investment. Hui's lawyers said their client did not have the documents.

If Hui wanted to oppose the extension of the injunction, he should submit evidence to the companies by September 27, Deputy High Court Judge Leung Chun-man said.

The court will fix a date for the two parties to argue the disputed issues related to the injunction.

 

This article appeared in the South China Morning Post print edition as: Gag order on former Chinachem boss Hui
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