GHAZI FAIDI V. QANTEX CAPITAL MARKETS LTD AND OTHERS

[2025] HKCA 342 Court of Appeal 10 April 2025 • CACV296/2023 • 9 min read

3 cases cited (0 SG, 3 foreign)

Practice Areas

Rules of the High Court

Judges (3)

Chu Coram Kwan Coram Le Pichon Coram

Counsel (2)

Eversheds Sutherland Counsel Plaintiff Tanner De Witt Counsel Defendant

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 Limited and its directors Simon Francis Gray and Matthew Newman William Gray for breach of contract and fiduciary duty in a share investment dispute. The Court of Appeal addressed costs issues following the substantive judgment, considering the effect of sanctioned offers under Order 22 of the Rules of the High Court.

Statutes Cited

Rules of the High Court (Cap 4A)

Cases Cited (3)

HK (3)

[2022] 1 HKLRD 965 [2023] HKCFI 2184 [2025] HKCA 236

Judgment

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

Read on HKLII

Source: HKLII ([2025] HKCA 342)