23 Nov 2023
SHIH-HUA INVESTMENT CO LTD v. ZHANG AIDONG AND OTHERS
- Citation
- [2023] HKCA 1304
- Court
- Court of Appeal
- Case number
- CAMP167/2022
With the benefit of hindsight Harris J was entitled to find the reconstitution order was wrongly granted because Shih-Hua did not provide the indemnity and adequate funding it undertook to provide, undermining the primary purpose of the order; ledgers and other evidence established a reasonably arguable case of loss so an inquiry as to damages should be ordered; the Court of Appeal found no error in law or in the exercise of judicial discretion and dismissed the appeal.