17 Apr 1998
W v. W AND ANOTHER
- Citation
- W v. W AND ANOTHER
- Court
- Court of First Instance
- Case number
- HCMC7/1997
Given admitted managerial deadlock and urgent risk to hotel licences and asset dissipation, the court exercised its discretionary power to appoint Messrs. Arthur Andersen as receivers to control hotel finances, granted the wife interim day-to-day managerial control subject to capital expenditure caps, restrained the husband from dealing with hotel income and from involvement in daily management, and ordered disputed nightclub dividends to be deposited into a jointly‑controlled account pending final adjudication; disclosure and affirmation timelines were imposed and costs allocated accordingly.