GHAZI FAIDI V. QANTEX CAPITAL MARKETS LTD AND OTHERS

[2025] HKCA 236 Court of Appeal 7 March 2025 • CACV296/2023 • 25 min read

9 cases cited (0 SG, 9 foreign) Cited by 1 case

Practice Areas

High Court Ordinance Rules of the High Court

Judges (3)

Chu Coram Kwan Coram Le Pichon Coram

Counsel (4)

Eversheds Sutherland Firm Tanner De Witt Firm Douglas Clark Counsel Defendant Thomas Wong Counsel Plaintiff

Parties (4)

Qantex Capital Markets Limited Defendant Ghazi Faidi Plaintiff Matthew Newman William Gray Defendant Simon Francis Gray Defendant

Summary

Ghazi Faidi sued Qantex Capital Markets and its directors for breach of contract and breach of fiduciary duty in relation to an investment agreement involving share transfers. The Court of Appeal addressed the substantive appeal on the merits of the commercial dispute, including issues of contractual interpretation and remedies for breach.

Statutes Cited

High Court Ordinance (Cap 4)

Rules of the High Court (Cap 4A)

Cases Cited (9)

UK (4)

[1980] AC 367 [1989] 1 AC 1056 [1994] 1 WLR 161 [2023] AC 684

HK (5)

(2004) 7 HKCFAR 79 [2007] 1 HKLRD 55 [2022] HKCFI 1632 [2023] HKCFI 2184 [2025] HKCA 174

Cited By (1)

[2025] HKCA 342

GHAZI FAIDI V. QANTEX CAPITAL MARKETS LTD AND OTHERS

Judgment

Read the full judgment on the official Hong Kong Courts portal.

Read on HKLII

Source: HKLII ([2025] HKCA 236)