Xia Zheng v Lee King Anne

Tort — Misrepresentation — Inducement — Whether representee was induced by false representation of fact to become nominee shareholder in company; Trusts — Resulting trusts — Presumed resulting trusts — Presumption of trust arising where moneys advanced to purchase shares registered in legal name of non-paying party; Contract — Implied contracts — Quantum meruit — Whether parties entered into contractual arrangement with implied term that nominee shareholder would be paid reasonable remuneration assessed on quantum meruit basis; Contract — Formation — Intention to create legal relations — Sham interest-free loan documents executed to give false impression of existence of loan agreement where parties never intended to create legal relations involving genuine loan arrangement