11 Nov 2013
RE DAYS INTERNATIONAL LTD
- Citation
- RE DAYS INTERNATIONAL LTD
- Court
- Court of First Instance
- Case number
- HCCW299/2011
The Liquidators' valuation of Global's claimed debt at $1 for voting purposes is upheld because, on a broad macroscopic assessment, the evidence (including the Liquidators' analysis informed by CCB material and Mr Fok's report) raised sufficient doubt about the legitimacy of the alleged debt and the assignment so as to justify the low valuation; consequently no further creditors' meeting should be convened and costs are awarded to the Liquidators.