25 Jun 2014
OTTO OFFSHORE LTD v. BANK OF COMMUNICATIONS CO LTD
- Citation
- OTTO OFFSHORE LTD v. BANK OF COMMUNICATIONS CO LTD
- Court
- Court of First Instance
- Case number
- HCA1600/2013
The ex parte order was discharged for failure to make full and frank disclosure; the application for a stay was dismissed because the Guarantee expressly required payment on demand within 15 days despite an arbitration between other parties and the defendant had agreed to Hong Kong jurisdiction, so it would be unjust to stay the proceedings.