KUN PENG I LTD AND ANOTHER v. WIN POWER INVESTMENT LTD AND OTHERS
The Master’s exercise of discretion was correct: D2 failed to establish impecuniosity by full and frank disclosure and did not demonstrate a sufficiently probable likelihood of success to displace the usual order against a foreign plaintiff; the paid sum of $210,000 and the circumstances did not warrant interference with the quantum ordered.
- Citation
- KUN PENG I LTD AND ANOTHER v. WIN POWER INVESTMENT LTD AND OTHERS
- Parties
- 1st Plaintiff: Kun Peng I Limited; 2nd Plaintiff: Kun Peng II Limited; 1st Defendant: Win Power Investment Limited (金力投資有限公司); 2nd Defendant: Lin Ming (林明); 3rd Defendant: Jointa Limited (駿鼎有限公司); 4th Defendant: Fujian Yuansheng Foods Industry Co., Ltd. (福建元盛食品有限公司); Third Party: Fabulous Turbo International Limited
- Court
- Court of First Instance
- Jurisdiction
- Hong Kong
- Judgment Date
- 26 January 2016
- Case Number
- HCA475/2012
- Procedural Posture
- Interlocutory Appeal Against Master’s Order for Security for Costs / De Novo Hearing in Court of First Instance (appeal)
- Outcome
- Appeal dismissed
- Legal Topics
- Security for Costs, Foreign Plaintiff, Discretionary Relief, Impecuniosity, Full and Frank Disclosure, Quantum of Security
- Source Language
- EN
Case Brief
Summary, issues, holding and outcome
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Parties
Kun Peng I Limited
1st Plaintiff
Kun Peng II Limited
2nd Plaintiff
Win Power Investment Limited (金力投資有限公司)
1st Defendant
Lin Ming (林明)
2nd Defendant
Jointa Limited (駿鼎有限公司)
3rd Defendant
Fujian Yuansheng Foods Industry Co., Ltd. (福建元盛食品有限公司)
4th Defendant
Fabulous Turbo International Limited
Third Party
Procedural Posture
Interlocutory Appeal Against Master’s Order for Security for Costs / De Novo Hearing in Court of First Instance (appeal)
Legal Issues
- 1 Whether security for costs should be ordered against a foreign third‑party plaintiff
- 2 Appropriate quantum of security for costs
- 3 Whether the respondent was impecunious and would be stifled by the order
Ratio Decidendi
The Master’s exercise of discretion was correct: D2 failed to establish impecuniosity by full and frank disclosure and did not demonstrate a sufficiently probable likelihood of success to displace the usual order against a foreign plaintiff; the paid sum of $210,000 and the circumstances did not warrant interference with the quantum ordered.
Court Disposition
Appeal dismissed
Orders
- Appeal dismissed
- Costs to the third party to be taxed if not agreed
Full Case Text
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