Hong Kong businessman seeks HK$3.65 million from firm of ‘father of concerts’ over shows by stars including Joey Yung and Sam Hui
Plaintiff says in writ that late Cheung Yiu-wing’s company failed to pay him after he collaborated in organising concerts
A Hong Kong businessman is suing the company founded by the city’s late “father of concerts” for unreturned investment costs and profits totalling more than HK$3.65 million related to shows staged by popular Asian singers, according to a court writ.
Tang Wai-yip claimed in a High Court writ filed by his lawyers on Friday that he had collaborated with “father of concerts” Cheung Yiu-wing’s Yiu Wing Entertainment Company to organise six concerts between 2013 and 2014.
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The overseas performers were J-pop boyband w-inds, K-pop group SHINee and Taiwan pop and folk singer Tsai Chin. The local acts were Canto-pop diva Joey Yung, Canto-pop godfather Sam Hui Koon-ki and rap group LMF.
Tang paid HK$5,100,942 as an investment, the writ said. In return Cheung’s company was responsible for procuring and liaising with the performers and passing on to the plaintiff details of revenue, cost and profit or loss for the concerts, it added.
The writ said Cheung’s company was tasked with engaging promoters, which would take Tang’s money as production costs. Following each gig, Cheung’s company was supposed to collect the production costs and profits from the promoters on behalf of Tang and return them to the businessman. They would split the profits or losses.
