23 Jul 2021
SECURITIES AND FUTURES COMMISSION v. ISIDOR SUBOTIC AND OTHERS
- Citation
- [2021] HKCFI 2172
- Court
- Court of First Instance
- Case number
- HCA1277/2019
The court held that SFC established a good arguable case that the s.213 claims (false trading and related conspiracy) are founded on tort for the purposes of Gateway F, that substantial damage was sustained in Hong Kong, and that there is a good arguable case for injunctions under Gateway B limited to acts within Hong Kong; Gateway C was dismissed because the writ had expired and leave to serve out after expiry was not proper; SFC was not guilty of material non-disclosure; leave granted to serve the Amended Writ and ASOC and service dispensed with; costs awarded to SFC on the specified basis.