Hong Kong Case Law: Decisions & Judgments | LexChat

Hong Kong Case Law

Security/payment out
  • 12 Mar 2024

    G v. X AND OTHERS

    Citation
    [2024] HKCFI 773
    Court
    Court of First Instance
    Case number
    HCCT58/2021

    A stay of the Enforcement Order was granted under the court's inherent jurisdiction, limited to the earlier of (a) the outcome of the Beijing Court's setting aside proceedings in relation to the Re‑Arbitration Award and (b) this Court's dismissal of X's application for leave to appeal out of time against the Enforcement Order, because (i) there is some real risk that monies released could be irrecoverable if X ultimately prevails, and (ii) X has already lodged security in court exceeding the disputed sums, but (iii) the stay must not extend beyond a dismissal of leave to appeal given AO s84 w…