24 Oct 2025
CMF GLOBAL QUANTITATIVE MULTI-ASSET SPC - CMF CHAOS CHINA GROWTH SP v. BLOSSOM INTERNATIONAL INVESTMENT HOLDINGS LTD
- Citation
- [2025] HKCFI 5086
- Court
- Court of First Instance
- Case number
- HCA1532/2023
The appeal is dismissed because the plaintiff demonstrated that damages were inadequate given the absence of a market and refused redemption, the SPA's completion date was a mandatory obligation with time of the essence, and the defendant (and its ultimate owner) controlled the director consents so could not rely on lack of consent; the defendant raised no triable defence and the counterclaim was struck out.