Language firm sues founder for US$3m

A mainland company that offers online English training, Inc, is suing its founder and chairman John Wang to recoup the US$3 million it said it had loaned him, according to a writ filed in the High Court this week.

Thursday, 22 January, 2009, 12:00am

Sweater manufacturer wants a finance manager

This is a chance to blend your finance experience with diverse responsibilities at a local sweater manufacturer.

16 Aug 2008 - 12:00am

Judge accused of 'wonderland' ruling

He invented sinister motive behind HSBC's role in property sale, barrister claims

A judge who lashed HSBC for doing 'the devil's work' against a struggling company was in 'wonderland' when he made his ruling, the Court of Appeal heard yesterday.

6 Sep 2006 - 12:00am

BOC suing employee for alleged $6m loss

Bank of China (Hong Kong) has made a $6 million claim against a senior financial services officer who allegedly misappropriated money by inducing customers to sign bank documents.

The writ was filed at the High Court yesterday against Wong Shui-hing, her husband, Tse Hau-yan, and her mother Lam Po-chu.

30 Mar 2005 - 12:00am

Hari Harilela sued over trust fund

Couple breached duties, writ claims

The head of Hong Kong's most prominent Indian clan is being sued for alleged mismanagement of a $6 million trust fund.

Hari Harilela and his wife, Padma Harilela, were named in a High Court writ claiming the couple breached their fiduciary duties as trustees.

21 Oct 2004 - 12:00am

First Pacific appeals to directors' duty on offer

First Pacific has issued a statement imploring directors of Philippine Long Distance Telephone (PLDT) to remember their fiduciary duty as reports emerge indicating their rejection of a compromise plan.

31 Jul 2002 - 12:00am

Law firm 'kept client in dark on amended deal'

A LAW firm is being sued for allegedly inserting provisions in a joint-venture agreement without authorisation from one of its clients.

Raymond Hung and Co acted for both companies in the joint venture and is said to have failed to inform one of them, Lucky Vast Ltd, of a potential conflict of interest.

9 Jan 2000 - 12:00am

Quiet operators triple business over five years

BARCLAYS private banking chief executive Asia, Paul Goh, likes to think of his bank as the quiet achiever, picking up an increasing amount of business while maintaining a low profile.

And, in the past five years, business has tripled.

'I don't think other private banks have matched this rate [of growth],' he said.

13 Sep 1998 - 12:00am

Peregrine wins full damages

Peregrine Investments Holdings has won damages of US$4.1 million - the full amount it was seeking - in a legal action against the former chairman of its Burma operation.

11 Oct 1996 - 12:00am

Metals firm sues ING Bank

THE ING Bank is being sued by a mainland company for allegedly failing to disclose vital information during the documentation of a restructuring plan for the Mainland Metals and Minerals Co.

11 Mar 1995 - 12:00am

Change attitudes rather than rules

READING the lead story 'Time for change in rules on directors' in the January 24 edition of Business Post, I laughed so much I could not eat my cornflakes.

As all auditors and lawyers know only too well, all the rules in the world make no difference at all if they are not enforced.

2 Feb 1995 - 12:00am

Shorten learning curve

C. K. LAU's article in the South China Morning Post, on October 13 makes a number of sensible points.

However, we should be wary of reacting automatically with the very understandable call for further and more complex regulation.

15 Oct 1994 - 12:00am

Property rules receive support

THE Stock Exchange of Hong Kong said it had received strong support for guidelines introduced last month on property dealings in developing markets.

19 Oct 1993 - 12:00am

US suspect agrees to return

A MAN wanted in the United States on 19 counts of fraud and theft-related charges agreed to return voluntarily yesterday in Eastern Court.

8 Oct 1993 - 12:00am