3 Apr 2025
RE PAUL Y. CONSTRUCTION COMPANY, LTD
- Citation
- [2025] HKCFI 1411
- Court
- Court of First Instance
- Case number
- HCCW10/2025
A validation order was granted because authorising payments to subcontractors and suppliers and ordinary course JV expenses was necessary to enable continued performance of the Main Contract, which would preserve and likely generate value for the general body of creditors, avoid substantial additional liabilities and costs from premature termination, and because no interested party opposed the application and the Airport Authority supported it.