24 Feb 2025
TECHTERYX LTD v. LEGACY TRUST COMPANY LTD AND OTHERS
- Citation
- [2025] HKCFI 787
- Court
- Court of First Instance
- Case number
- HCA1906/2023
The Court held there was a prima facie case that the plaintiff's claims against the 5th Defendant are intimately founded in and intertwined with the 4th Defendant's contractual obligations under the SAA and MSA such that, under Delaware law, agency and equitable estoppel permit the non‑signatory 5th Defendant to invoke the arbitration clauses. The arbitration agreements were valid and the disputes fell within their ambit; therefore under s20 of the Arbitration Ordinance the action must be stayed and referred to arbitration. The confidentiality complaint was unnecessary to decide the stay and…