1 Nov 2024
P1 AND ANOTHER v. D
- Citation
- [2024] HKCFI 3052
- Court
- Court of First Instance
- Case number
- HCCT59/2023
The court held that in a court challenge to a Hong Kong-seated arbitral award the protections in section 56 AO applicable to arbitral tribunals do not automatically displace the court's discretion under RHC Order 23 r1(1)(a); having weighed all circumstances (P1 resident abroad, P2 negligible assets, difficulty of enforcement of costs against P1, absence of rebuttal evidence and delay), the court ordered security for future costs in the sum of HK$1,504,600 to be paid into court within 14 days and provided that failure to do so would result in dismissal of the Set Aside Application with indemn…