Hong Kong Case Law: Decisions & Judgments | LexChat

Topic

Bank confidentiality

Legal area

Court

18 May 2018

CITIBANK N.A. v. THE HONGKONG AND SHANGHAI BANKING CORPORATION LTD AND ANOTHER

Citation

[2018] HKCFI 1102
Court

Court of First Instance
Case number

HCMP624/2018

Norwich Pharmacal relief was appropriate but must be limited to what is necessary for service of proceedings; accordingly the banks were ordered to disclose only the addresses held in their records for the relevant account holders and the places of incorporation for corporate account holders; broader disclosure (statements, transaction histories, identity documents) was unnecessary and refused.
18 Aug 2006

RE NEW WORLD TMT LIMITED AND OTHERS

Citation

RE NEW WORLD TMT LIMITED AND OTHERS
Court

Court of First Instance
Case number

HCMP421/2006

The judge found the narrowed scope described specific documents sufficiently to satisfy s76(4), the documents were properly endorsed by the California judge and are directly material to the fraud/alter-ego issues in the US proceedings, bank confidentiality was outweighed by the public interest in assisting the foreign court, and alleged non-disclosures were not shown to be material; accordingly the applications to set aside were dismissed and the Master’s order was upheld subject to revision of scope and timing and a costs order nisi.