19 Sept 2017
CHINACAST EDUCATION CORPORATION AND OTHERS v. CHAN TZE NGON AN D OTHERS
- Citation
- CHINACAST EDUCATION CORPORATION AND OTHERS v. CHAN TZE NGON AN D OTHERS
- Court
- Court of First Instance
- Case number
- HCA1062/2012
The plaintiffs failed to demonstrate a good arguable appeal or reasonable prospect of success on the core pleaded issues (the court correctly treated the case as alleging Mr Ma's knowing participation/connivance rather than mere negligence or incompetence), therefore the minimum threshold for renewing the Mareva injunction pending appeal was not met; nonetheless, because of real risk of dissipation and to preserve the status quo pending the plaintiffs' prompt application to the Court of Appeal, the court granted a limited interim renewal subject to a 21‑day condition and made a costs order ni…