“…7]. The corollary is that beneficiaries do not normally have a cause of action against the wrongdoer. The rule was explained in Webster v Sandersons Solicitors [2009] EWCA Civ 830, [2009] P.N.L.R 37, a case in which a 99% shareholder brought a claim in negligence against solicitors for losses suffered by his company and the company’s pen…”
“… did not exist and that Giles v Rhind and Perry v Day were wrongly decided and should not be followed in Hong Kong. However, in Webster v Sandersons Solicitors [2009] EWCA Civ 830; [2009] 2 BCLC 542 Lord Clarke MR, giving the judgment of the Court (of which the other members were Arden and Lloyd LJJ) noted at [1] that, in granting permis…”