Hong Kong Case Law: Decisions & Judgments | LexChat

Hong Kong Case Law

Oral surrender
  • 2 Dec 2021

    SIU WAI MING v. SHIU WAI HONG AND OTHERS

    Citation
    [2021] HKCA 1802
    Court
    Court of Appeal
    Case number
    CACV84/2020

    The court declined to order security because the Defendants failed to produce sufficient evidence of the Plaintiff's impecuniosity or of a real risk of inability to satisfy a costs order; the Plaintiff demonstrated sufficient net equity in the Aegean Coast Property to cover the Defendants' reasonable appeal costs; the Defendants' estimated costs were excessive (unjustified fees and number of counsel); and neither the delay nor the merits of the appeal was decisive. Accordingly the discretion was not exercised in favour of security.