23 Apr 2026
FIRST LASER LTD AND ANOTHER v. FUJIAN ENTERPRISES (HOLDINGS) CO LTD AND ANOTHER
- Citation
- [2026] HKCA 564
- Court
- Court of Appeal
- Case number
- CACV396/2025
Special circumstances existed because the 1st plaintiff is Macau incorporated, the 2nd plaintiff is Macanese, the 1st plaintiff has failed to discharge substantial taxed costs, and enforcement of a costs order would likely be difficult and expensive; plaintiffs offered no countervailing evidence or submissions on merits; exercising its residual discretion and applying a broad‑brush approach to quantum, the court ordered security of HK$2,000,000, stayed the appeal until payment, provided for dismissal in default and awarded costs of the application of HK$100,000 to the defendants.