25 Mar 2026
SIC v. WI AND ANOTHER
- Citation
- [2026] HKCFI 1795
- Court
- Court of First Instance
- Case number
- HCCT68/2025
On brief consideration the Award was neither manifestly invalid for fraud nor manifestly valid to justify immediate enforcement without conditions; balancing the parties' conduct, delay, risk of prejudice to the creditor and lack of evidence of dissipation, the court ordered payment of partial security (US$600,000) into court within 14 days as condition to adjourn the setting aside application until the conclusion of supervisory appeal or further order; failure to provide security results in dismissal of the summons with costs on an indemnity basis.