31 Aug 2023
YU QUAN LI AND ANOTHER v. SUEN KIN WING
- Citation
- [2023] HKCFI 2149
- Court
- Court of First Instance
- Case number
- HCMP633/2019
The assignment of the defendant's interests to Southern Capital Ltd (a separate BVI company wholly owned by him) on 27 July 2018 amounted objectively to 'dealing with' the assets within the meaning and purpose of the freezing injunction because it vested the interests in a different legal entity and materially weakened the plaintiffs' ability to enforce a future judgment; the defendant knew of the injunction and, given his background and steps taken, intended to conceal and shield the properties such that the requisite mental element for civil contempt is established; additionally, the defend…