6 Oct 2022
RE CARNIVAL GROUP INTERNATIONAL HOLDINGS LTD
- Citation
- [2022] HKCFI 3097
- Court
- Court of First Instance
- Case number
- HCCW48/2020
The judge found that the 2nd to 5th respondents caused the Company to continue to oppose the Petition on an unjustified jurisdictional ground despite there being no realistic prospect of implementing a global restructuring (notably no approach to major immigration bondholders and clear barriers to onshore realisations), and that they failed to take the responsible course of full disclosure and seeking time; accordingly the 2nd to 5th respondents were ordered personally to pay the costs of and occasioned by the Company’s opposition at the 23 August 2022 hearing, while the 6th and 7th responden…