Hong Kong Case Law: Decisions & Judgments | LexChat

Topic

Remittance agents

Legal area

Court

28 Sept 2022

EXCLUSIVE NETWORKS DEUTSCHLAND GMBH v. WAKOON TRADING (H.K.) LTD AND ANOTHER

Citation

[2022] HKCFI 2966
Court

Court of First Instance
Case number

HCA954/2019

Galaxy established on the balance of probabilities that it received the disputed sum as consideration for goods already supplied to JWT and therefore was a bona fide purchaser for value without notice; accordingly END's claim against Galaxy failed while judgment should be entered against Wakoon as recipient of proceeds of fraud.
10 Dec 2007

HANG SENG BANK LTD v. LAU CHING CHE t/a NAM YAT HONG and as KWONG ON TRADING HONG AND OTHERS

Citation

HANG SENG BANK LTD v. LAU CHING CHE t/a NAM YAT HONG and as KWONG ON TRADING HONG AND OTHERS
Court

Court of First Instance
Case number

HCA2480/2007

The court discharged paragraphs 2.6.2 and 2.8 because evidence showed the internal transfers were not made on behalf of other persons and those paragraphs were inapplicable, but continued paragraphs 2.6.1 and 2.7 because the plaintiff demonstrated a real prospect that the discovery would assist in tracing and preserving the stolen funds, the information is statutory and readily available, the order is not unduly onerous and D1 is protected by the plaintiff's undertaking in damages.