16 Nov 2018
RE LAU YU also known as JAFFE LAU
- Citation
- [2018] HKCFI 2542
- Court
- Court of First Instance
- Case number
- HCB104/2017
Leave to appeal refused because the deputy judge did not err in law or principle: he identified a lawful process (winding up by the trustee/shareholder if the transfer is reversed) satisfying the second limb of Chabra; he made findings of real risk of dissipation and abuse of corporate arrangements; and he properly exercised discretion in accepting a limited cross-undertaking of HK$40,000,000 and in making disclosure and costs orders, such that there were no reasonable prospects of success on appeal.