13 Nov 2015
XY, LLC v. JESSE ZHU (a.k.a. JIA-BEI ZHU and JESSE JIA-BEI ZHU) AND ANOTHER
- Citation
- XY, LLC v. JESSE ZHU (a.k.a. JIA-BEI ZHU and<br>JESSE JIA-BEI ZHU) AND ANOTHER
- Court
- Court of First Instance
- Case number
- HCMP869/2014
The court held that the plaintiff established a good arguable case supported by final Canadian judgments and extensive evidence that Jesse Zhu controlled GNT and that assets (including the HSBC account) were subject to enforcement; alleged non-disclosures were not material or were explained and did not justify discharge of the HK Mareva; release of frozen funds beyond sums permitted by the Canadian court and fortification were refused; but targeted disclosure was necessary and proportionate to assist enforcement, so GNT must provide an affidavit of assets and HSBC must disclose account existe…