28 Jul 2016
DANA SHIPPING AND TRADING SA v. SINO CHANNEL ASIA LTD
- Citation
- DANA SHIPPING AND TRADING SA v. SINO CHANNEL ASIA LTD
- Court
- Court of First Instance
- Case number
- HCCT47/2015
The court concluded the English court's judgment setting aside the Award was procedurally regular and should be given effect; exercising its residual discretion, the Hong Kong court declined to enforce the Award and set aside the Enforcement Order, Mareva injunction and Security Order, and ordered withdrawal of garnishee and statutory demand; Sino's second application was not abuse of process given the English judgment constituted a material change of circumstances but Sino's conduct affected costs.