18 Nov 2015
張才奎所託管中國山水投資有限公司股份 AND ANOTHER v. 張才奎 AND ANOTHER
- Citation
- 張才奎所託管中國山水投資有限公司股份 AND ANOTHER v. 張才奎 AND ANOTHER
- Court
- Court of First Instance
- Case number
- HCA1564/2015
The application for leave to appeal was dismissed because the court was entitled to extend receivers' powers in light of materially deteriorated circumstances to preserve trust assets; the 1st defendant's application was repetitive, obstructive and an abuse of process, and there was no convincing prospect that further affirmation evidence would alter that conclusion; accordingly leave was refused and indemnity costs awarded to the other parties.