27 Jun 2007
RACP PHARMACEUTICAL HOLDINGS LTD v. LI XIAOBO
- Citation
- RACP PHARMACEUTICAL HOLDINGS LTD v. LI XIAOBO
- Court
- Court of First Instance
- Case number
- HCA490/2007
The injunction was not discharged because the non-disclosed matters did not materially undermine the plaintiff's case at the ex parte stage and, if any non-disclosure occurred, it was innocent; the presence of substantial fraud and a real risk of dissipation meant the balance of convenience favoured maintaining the Mareva injunction as varied to US$10,000,000, while execution of the disclosure order was stayed pending appeal.