Facts: Jian Ming Shen and Jiu Yuan Li (plaintiffs) sued Hong Lin Gou (defendant) over a real estate development project, alleging a guarantee for loan repayment, fraudulent misrepresentations, and breach of fiduciary duty.
Issue: Whether the defendant was liable under the guarantee, made fraudulent misrepresentations, and breached a fiduciary duty.
Court's Ruling: The court dismissed the plaintiffs' action, finding they lacked standing to sue on the guarantee, which was invalid and unenforceable. No fraudulent misrepresentations were made by the defendant, and there was no ad hoc fiduciary duty owed to the plaintiffs.
Costs/Damages Awarded: The document did not specify the amount of costs or damages awarded to the successful party.
