24 Sept 2021
LEADER SCREWS MANUFACTURING CO LTD v. HUANG SHUNKUI
- Citation
- [2021] HKCFI 2828
- Court
- Court of First Instance
- Case number
- HCA2067/2019
Given the substantial shortfall on the judgment, the defendant's obstructive non-compliance with disclosure and injunction orders, the impracticability and disproportionate cost of pursuing recognition and enforcement overseas, and the reasonable prospect that receivers would realise material value, it was just and convenient to appoint receivers over the identified Class A assets and to extend the receivership to Class B assets; receivers empowered to procure sales and, after 7 days' written notice on certification of non-compliance, to execute sale/transfer documents in lieu of the judgment…