30 Jun 2014
JOTRON AS (FORMERLY KNOWN AS JOTRON ELECTRONICS AS) v. STANLEY CHANG t/a HONG KONG INSTECH TRADING CO.
- Citation
- JOTRON AS (FORMERLY KNOWN AS JOTRON ELECTRONICS AS) v. STANLEY CHANG t/a HONG KONG INSTECH TRADING CO.
- Court
- Court of Appeal
- Case number
- CACV49/2014
Security for costs ordered because plaintiff established likelihood of impecuniosity and probable difficulty and expense in enforcing costs against the defendant's interest in jointly owned, encumbered Property; the appeal did not show substantial prospects of success on its core factual challenge; exercise of discretion required ordering security of HK$300,000, two months to pay, stay pending payment and dismissal if unpaid, with costs of the application to the plaintiff.