23 Aug 2024
ING BANK N.V. v. INDUSTRIAL AND COMMERCIAL BANK OF CHINA LTD
- Citation
- [2024] HKCFI 2220
- Court
- Court of First Instance
- Case number
- HCCL2/2023
The court found that Hong Kong is the appropriate forum because there is a good arguable case that Hong Kong law applies to the Collection Instructions and the disputes turn primarily on the URC and documentary evidence accessible in Hong Kong; Xi'an was not shown to be clearly or distinctly more appropriate and the defendant failed the first hurdle for a forum non conveniens stay, so the summons to stay was dismissed.