27 Feb 2015
NGAI LEUNG, TOMMY v. SUNG NGAI YEUNG AND ANOTHER
- Citation
- NGAI LEUNG, TOMMY v. SUNG NGAI YEUNG AND ANOTHER
- Court
- Court of First Instance
- Case number
- HCA35/2015
Plaintiff demonstrated a good arguable case based on undisputed documentary indebtedness and insufficient evidence that the alleged settlement extinguished the debt; defendant’s representation in the Repayment Promise and his beneficial control of the company (70% shareholding and sole directorship) provide good reason to suppose the proceeds of sale are accessible to satisfy a judgment; real risk of dissipation existed; balancing convenience and lack of established hardship to the company, the court granted an interim Mareva injunction preserving the proceeds, ordered ancillary disclosure, d…