4 Mar 2016
BLUEGOLD INVESTMENT HOLDINGS LTD v. KWAN CHUN FUN CALVIN
- Citation
- BLUEGOLD INVESTMENT HOLDINGS LTD v. KWAN CHUN FUN CALVIN
- Court
- Court of First Instance
- Case number
- HCA1492/2015
The Guarantee secures obligations under the Subscription Agreement and the Note; the plaintiff's claim against the guarantor depends on whether the Company breached obligations under the Subscription Agreement (notably failure of a Qualified IPO within 3 years), and those questions fall within the wide arbitration clause of the Subscription Agreement and the Note Conditions; the non-exclusive jurisdiction clause in the Guarantee did not displace the arbitration agreement; the defendant established a prima facie plainly arguable case that the dispute is subject to arbitration, so under s20 the…