24 Mar 2017
CHINA METAL RECYCLING (HOLDINGS) LTD (In Liquidation) AND ANOTHER v. CHUN CHI WAI AND OTHERS
- Citation
- CHINA METAL RECYCLING (HOLDINGS) LTD (In Liquidation) AND ANOTHER v. CHUN CHI WAI AND OTHERS
- Court
- Court of First Instance
- Case number
- HCA1412/2013
The court held there were good reasons to suppose respondents' assets (including the London property and bank funds) were amenable to execution of a judgment against D1/D13 and it was just and convenient to continue the extended Mareva injunctions and the disclosure orders, but the specific wording in clauses 1.5 and 1.6 that equated assets acquired through defendant funds or assets merely under defendant's power/control or held per defendant instructions as automatically the defendant's assets exceeded Chabra jurisdiction and must be struck out; disclosure orders otherwise remained lawful an…