20 Jul 2018
BANCO DE CHILE v. BORUIDA TRADING CO., LTD AND OTHERS
- Citation
- [2018] HKCFI 1780
- Court
- Court of First Instance
- Case number
- HCA1621/2018
The court found a strong prima facie case of sophisticated cyber fraud, the defendants were immediate recipients of the misappropriated funds, the documents sought were directly relevant and narrowly tailored to specified accounts and period, the banks were neutral and a protective clause prevented use of disclosed documents against the banks; balancing these factors and the risk of dissipation, the continuation of the injunction and the production order were justified and granted.