25 Apr 2016
NEW HEAVEN INVESTMENTS LTD AND ANOTHER v. YU GUOLIN
- Citation
- NEW HEAVEN INVESTMENTS LTD AND ANOTHER v. YU GUOLIN
- Court
- Court of First Instance
- Case number
- HCA115/2013
The court held that PDL's and the Plaintiffs' late and unsupported attempt to consolidate and to resist release/enforcement of a final Mainland arbitral award amounted to an unmeritorious and tactical attempt to delay enforcement; accordingly indemnity costs were appropriate for both the Interpleader and Consolidation Summonses, counsel certificates were granted for the consolidation matters, and PDL was ordered to indemnify the Applicant's costs under the stakeholder agreement.