23 Mar 2015
YUNG YUI KWAI AND ANOTHER v. YUNG WOON KWAI AND OTHERS
- Citation
- YUNG YUI KWAI AND ANOTHER v. YUNG WOON KWAI AND OTHERS
- Court
- Court of First Instance
- Case number
- HCCW469/2012
The Court struck out the winding‑up petitions against CY Macao and CY Mauritius for failure to plead or establish the s.327 jurisdictional criteria and because there was no realistic prospect of establishing sufficient connection such that Hong Kong insolvency regime should be engaged; the Court struck out the winding‑up prayers in the five Hong Kong company petitions because, on the evidence, there was no realistic prospect that a winding‑up order would be made where a buy‑out was the appropriate and viable remedy and respondents were able to raise finance; the amendment summons to convert r…