29 Dec 2023
KO TUNG MUNG AND ANOTHER v. WONG KA CHUN
- Citation
- [2023] HKCFI 3347
- Court
- Court of First Instance
- Case number
- HCA111/2023
The court found there is a good arguable case that the funds were advanced for a specific and exclusive purpose creating a Quistclose trust and that there is a real risk of dissipation and lack of adequate disclosure by the Defendant; accordingly the proprietary and Mareva injunctions granted ex parte were justifiably continued until trial or further order, and the balance of convenience favoured preservation of the assets.