14 May 2018
HAITONG INTERNATIONAL SECURITIES CO LTD v. ADS SECURITIES LLC
- Citation
- [2018] HKCFI 1044
- Court
- Court of First Instance
- Case number
- HCA473/2017
The court held that Haitong established a good arguable case that the agreement was concluded in Hong Kong and that Hong Kong law governed by implication (meeting O.11 r.1(1)(d)(i) and (iii)); there was no material non-disclosure in the ex parte application; ADS failed to show service in Abu Dhabi by courier contravened UAE law; accordingly the court exercised its discretion to permit service out and dismissed ADS's summons to set aside or challenge service, awarding costs to Haitong.