29 Mar 2023
LI MING AND OTHERS v. LIU YIU KEUNG also known as STEPHEN LIU AND ANOTHER
- Citation
- [2023] HKCFI 884
- Court
- Court of First Instance
- Case number
- HCA86/2018
The application for security for costs was refused because overlapping proceedings (the Assessment Proceedings assessing former receivers' fees and HCA 548) engaged the same allegations so that ordering security would effectively require plaintiffs to pay for defences they would need to run elsewhere; plaintiffs' holding of 16,783 CSI shares together with an undertaking not to dispose, while not amounts to fixed permanent assets, provided adequate protection; on balance it was not just to order the requested security.