Hong Kong Case Law: Decisions & Judgments | LexChat

Hong Kong Case Law

Assignment of claims by trustee
  • 16 Jul 1998

    MEI YU LAU v. SHIU KI LAU and Others

    Citation
    MEI YU LAU v. SHIU KI LAU and Others
    Court
    Court of First Instance
    Case number
    HCA1063/1995

    Bankruptcy of the principal debtor did not automatically deprive the judgment creditor of standing to seek preservative mareva/discovery relief and declaratory relief against third parties where the relief sought is to identify assets beneficially belonging to the bankrupt and not to obtain preferential satisfaction; Mercantile Group governs and the plaintiff is an interested party; accordingly the stay was dismissed, the Official Receiver was ordered joined as D6, limited discovery and trial against D5 were ordered, and the plaintiff's solicitors were permitted to continue subject to safegua…