Hong Kong Case Law: Decisions & Judgments | LexChat

Hong Kong Case Law

Advanced commissions
  • 10 Feb 2006

    EASTAR INDUSTRIES LTD v. LI WAI FONG AND ANOTHER

    Citation
    EASTAR INDUSTRIES LTD v. LI WAI FONG AND ANOTHER
    Court
    Court of First Instance
    Case number
    HCA2128/2005

    Although the plaintiff demonstrated a good arguable case and assets within the jurisdiction, the court found no real risk of dissipation because evidence supported that the Ho Man Tin apartment was a genuine purchase by Christy Chan (who paid the mortgage and had financed the purchase) and the second charge was a short-term facility that had been discharged; coupled with the plaintiff's failure to make full and frank disclosure (notably failing to search title to discover the discharge), extension of the Mareva injunction was unjustified and the ex parte freezing of third party assets was ina…