12 Oct 2020
A AND B, AS THE ADMINISTRATORS AND TRUSTEES OF THE ESTATE OF THE DECEASED v. C AND OTHERS
- Citation
- [2020] HKCFI 2628
- Court
- Court of First Instance
- Case number
- HCMP1260/2020
The court has jurisdiction to make an in personam vesting order against former executrices in respect of foreign assets which they hold qua executrices; the Former Executrices had possession/registration of the YL shares and are accountable to the Estate; making the vesting order does not improperly pre-empt the SPC retrial given the uncertainty of outcome and the practical need to secure estate assets; the joinder/replacement applications are reasonably arguable under PRC law (Article 249) and the Administrators acted without undue delay; it is in the interests of the estate to grant Beddoe…