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Hong Kong

Widow appeals against rejection of Yung Kee Restaurant winding-up

Wife of late shareholder fights rejection of petition to wind up firm that owns restaurant

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Yung Kee

The wife of late Yung Kee shareholder Kinsen Kam Kwan-sing has appealed against the dismissal of a petition to wind up the company behind the famed roast goose restaurant in Central.

Leung Sui-kwan filed the application as representative of the Kam estate after Mr Justice Jonathan Harris, of the Court of First Instance, ruled against the application - filed by Kinsen Kam before he died in early October - on a technicality.

Despite the latest move, Kinsen Kam's sons said they were still open to talk to their estranged uncle Ronald Kam Kwan-lai over the sale of his late brother's 45 per cent stake.

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Harris decided on October 31 that Yung Kee Holdings, an investment vehicle, was an offshore company in the British Virgin Islands that had not established a place of business in Hong Kong. He dismissed the case, saying the court had no jurisdiction to deal with it.

But the judge made clear that if not for the technicality, he would have ordered Ronald Kam's camp to buy Kinsen Kam's shares because the latter had been "unfairly prejudiced".

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Leung argued in her notice of appeal filed in the High Court that the judge erred in law by failing to consider the "substantial connections" the company had with the city.

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