18 Nov 2024
ROBERT SCOTT WOODS, THE TRUSTEE-IN-BANKRUPTCY OF PHILLIP JAMES KINGSTON v. INDUSTRIAL AND COMMERCIAL BANK OF CHINA (ASIA) LTD
- Citation
- [2024] HKCFI 3311
- Court
- Court of First Instance
- Case number
- HCMP1789/2024
The Federal Court sequestration and trustee appointment were recognised because the Australian proceedings were collective, the bankrupt had submitted to the Australian court (at least by waiver) and was domiciled in Australia at the relevant time; recognition and the ancillary disclosure order were necessary to enable the trustee to carry out statutory functions and were consistent with Hong Kong law and public policy, so the High Court granted recognition and ordered ICBC to produce specified documents within 42 days and conferred specified investigative and litigation powers on the trustee.