19 Jan 2017
AMERICAN INTERNATIONAL GROUP, INC AND ANOTHER v. HUAXIA LIFE INSURANCE CO LTD
- Citation
- AMERICAN INTERNATIONAL GROUP, INC AND ANOTHER v. HUAXIA LIFE INSURANCE CO LTD
- Court
- Court of First Instance
- Case number
- HCMP3417/2016
The Court dismissed the plaintiffs' application for leave to appeal because the applicants failed to advance any arguable basis to challenge the binding Court of Appeal authority upholding section 81(4); the summons was without merit and tactical, the court declined to allow an oral hearing, and awarded indemnity costs to the defendant fixed at $140,840.00.