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 HK, 3 foreign) Cited by 2 cases

Practice Areas

Employment & Labour

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

Cited By (2)

[2025] HKDC 1119

WEALTHY GLOBAL HOLDINGS LTD V. CELEBRITY CREDIT LTD

[2025] HKCFI 2056

TECHTERYX LTD V. LEGACY TRUST COMPANY LTD AND OTHERS

Citation influence

HKLII records this judgment as cited by 2 later judgments. This counts every later Hong Kong judgment that references this case, which is broader than the resolved citations listed above.

[2025] HKDC 1119 District Court

4 July 2025

[2025] HKCFI 2056 Court of First Instance

19 May 2025