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Hong Kong minority protectionpure economic loss

Basab Inc v Superb Glory Holdings Ltd

[2019] 1 HKLRD 892
JurisdictionHong Kong
CourtHK Court of First Instance
Year2019
StatusBinding authority

Summary

Hong Kong court applied the reflective loss doctrine to bar shareholder claims where loss mirrors that suffered by the company in a corporate context.

Key Principle

The case pronounced on the reflective loss doctrine in corporate contexts.

Area of Law

commercial

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