25 Feb 2025
STEPHENSON HARWOOD (A FIRM) v. FANG ANKONG ALSO KNOWN AS FANG AN KONG
- Citation
- [2025] HKCA 193
- Court
- Court of Appeal
- Case number
- CACV19/2024
Application for security for costs dismissed because appellants have Hong Kong assets (notably the Escrow Fund and funds paid into court) and other available assets (Singapore property) that, despite being subject to Mareva injunctions or competing claims, remain their property and are prima facie available to satisfy any costs order; applicant failed to demonstrate such enforcement would involve undue expense or delay amounting to special circumstances to justify security.