20 Jan 2026
RE GAO, GUNTER
- Citation
- [2026] HKCFI 232
- Court
- Court of First Instance
- Case number
- HCB4502/2025
The stay was refused because the pending appeal between the Petitioner and the Intervener does not affect the Debtor's separate monetary judgment; the Debtor cannot rely on appeal findings to which he is not a party and where he failed to file evidence or seek to join the appeal (and would face inordinate delay); the Master lawfully entered summary default judgment in chambers; and availability of third-party security does not bar proceedings against the guarantor. These points together demonstrate no proper basis to stay the bankruptcy petition.