3 Oct 2018
COMPANY A AND OTHERS v. COMPANY D AND OTHERS
- Citation
- [2018] HKCFI 2240
- Court
- Court of First Instance
- Case number
- HCCT31/2018
Although s45 can in appropriate cases support interim measures ancillary to arbitration and may extend to third parties, the plaintiffs failed to demonstrate clear and compelling evidence of a real risk of dissipation or that less intrusive remedies were inadequate; the contested transfers predated the tribunal extension, the assets are held by separate legal entities, credible restraining orders already exist (including the 3rd Defendant injunction and tribunal orders) and key expert evidence was inadmissible; accordingly the court refused to appoint receivers.