28 May 1984
AMERICAN EXPRESS INTERNATIONAL BANKING CORPORATION AND OTHERS v. MICHAEL J. JOHN AND ANOTHER
- Citation
- AMERICAN EXPRESS INTERNATIONAL BANKING CORPORATION AND OTHERS v. MICHAEL J. JOHN AND ANOTHER
- Court
- Court of First Instance
- Case number
- HCA14594/1983
Section 269 is a domestic code and does not protect New York attachments; questions of defeasibility and preference over assets situated in New York are governed exclusively by US law (lex situs). The joint liquidators, having obtained leave and acted on legal advice, did not commit misfeasance by pursuing s.303 proceedings; plaintiffs' applications are dismissed and the Hong Kong court will not override the dominant US forum on these issues.