24 Sept 2009
AKAI HOLDINGS LTD (IN COMPULSORY LIQUIDATION) AND OTHERS v. HO WING ON, CHRISTOPHER AND OTHERS
- Citation
- AKAI HOLDINGS LTD (IN COMPULSORY LIQUIDATION) AND OTHERS v. HO WING ON, CHRISTOPHER AND OTHERS
- Court
- Court of First Instance
- Case number
- HCMP1718/2009
Leave to appeal was refused and the appointment of receivers upheld because, on the material before the court, there was good reason to suppose the 1st defendant had substantive control over the trust assets (despite nominal trust ownership), a real risk of dissipation existed, and Accolade had not shown sufficient justification for delay or need for adjournment; interlocutory relief was therefore appropriate to preserve assets pending fuller investigation.