2 May 2024
TENWOW INTERNATIONAL HOLDINGS LIMITED (IN LIQUIDATION) AND ANOTHER v. PRICEWATERHOUSECOOPERS (A FIRM) AND ANOTHER
- Citation
- [2024] HKCFI 1146
- Court
- Court of First Instance
- Case number
- HCCL5/2023
The application for a Letter of Request was dismissed because (1) a LOR is not the appropriate mechanism to enable a party to satisfy its disclosure obligations in Hong Kong; (2) Article 6 of the Mutual Arrangement does not encompass seeking Mainland administrative approval for transfer of documents and thus the Mutual Arrangement could not be relied upon to obtain such approval; (3) D2 failed to demonstrate a blanket prohibition under Mainland law or any specific Regulated Information in the documents requiring pre-transfer approval; and (4) even if arguable, considerations of futility, dela…