25 Jul 2014
LUEN TAT WATCH BAND MANUFACTURER LTD v. LI SIN MAN SELINE AND ANOTHER
- Citation
- LUEN TAT WATCH BAND MANUFACTURER LTD v. LI SIN MAN SELINE AND ANOTHER
- Court
- Court of First Instance
- Case number
- HCA1428/2012
The appeal was dismissed: a continuation of the interim stay of the Liquidator’s Actions was appropriate because, on a balance of convenience and fairness and proper case management, the outcome of the Main Action may render the Liquidator’s Actions unnecessary and there was no sufficient justification or urgency to vary the stay to permit interim tracing and preservation; the master did not err in concluding overlap and potential waste of costs justified continuation of the stay.