GE QINGFU AND OTHERS v. L & A INTERNATIONAL HOLDINGS LTD AND OTHERS

GE QINGFU AND OTHERS v. L & A INTERNATIONAL HOLDINGS LTD AND OTHERS

The court refused to impose the plaintiffs' requested additional condition that D5 pay HK$3,733,884 into court, holding there was no proper or necessary reason to exercise its discretion differently from the way it had been exercised in respect of D3, D4, D6 and D7.

Citation
[2019] HKCFI 808
Parties
Plaintiffs: Plaintiffs; Defendant: D3; Defendant: D4; Defendant (applicant for Stay): D5; Defendant: D6; Defendant: D7
Court
Court of First Instance
Jurisdiction
Hong Kong
Judgment Date
22 March 2019
Case Number
HCMP2222/2016
Procedural Posture
Application for Stay of Execution Pending Appeal / Interim Application (stay Pending Appeal)
Outcome
Plaintiffs' application for an additional security payment by D5 refused; existing conditions (as applied to D3, D4, D6 and D7) remain unchanged
Legal Topics
Stay of Execution, Security for Stay, Interest on Judgment Debt
Source Language
EN

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Parties

Plaintiffs

Plaintiffs

D3

Defendant

D4

Defendant

D5

Defendant (applicant for Stay)

D6

Defendant

D7

Defendant

Procedural Posture

Application for Stay of Execution Pending Appeal / Interim Application (stay Pending Appeal)

  1. 1 Whether D5 should be required to pay an additional HK$3,733,884 into court as security for a stay of execution pending appeal
  2. 2 Whether the court should exercise its discretion differently for D5 compared with D3, D4, D6 and D7
  3. 3 Whether the grounds of appeal relied on by D5 justify different treatment

Ratio Decidendi

The court refused to impose the plaintiffs' requested additional condition that D5 pay HK$3,733,884 into court, holding there was no proper or necessary reason to exercise its discretion differently from the way it had been exercised in respect of D3, D4, D6 and D7.

Court Disposition

Plaintiffs' application for an additional security payment by D5 refused; existing conditions (as applied to D3, D4, D6 and D7) remain unchanged

Orders

  • Plaintiffs' request that D5 be ordered to pay HK$3,733,884 into court is refused
  • No change to the conditions previously imposed on D3, D4, D6 and D7