22 Feb 2018
CHINA CITIC BANK CORPORATION LTD (QUANZHOU BRANCH) v. LI KWAI CHUN AND OTHERS
- Citation
- [2018] HKCFI 362
- Court
- Court of First Instance
- Case number
- HCMP1439/2017
Defendants proved they lacked other available assets and their proposed withdrawal for legal costs was legitimately for defending the proceedings; payment of legal costs was not prima facie dissipation; accordingly the Mareva injunction was properly varied to permit withdrawal for legal expenses (as ordered), the adjournment was appropriate to avoid unfair prejudice to defendants, the further evidence summons was unnecessary and dismissed, and costs of the adjournment were ordered against the defendants to be summarily assessed.