3 Feb 2026
CHINA EVERGRANDE GROUP (IN LIQUIDATION) v. HUI KA YAN AND OTHERS
- Citation
- [2026] HKCFI 723
- Court
- Court of First Instance
- Case number
- HCA551/2024
The judge held that the governing test for appointment of interim receivers is necessity to preserve the status quo and that the Decision did not misapply the law; the Orders were validly founded on an existing Injunction Order which covers the contested assets, the appointment of the Liquidators as receivers was a legitimate exercise of discretion and not reasonably arguable as an error, and the remuneration arrangements proposed (to be paid from Group assets subject to possible variation) did not establish a reasonably arguable ground for appeal; accordingly there was no arguable basis to g…