21 Jan 2026
RE LI KWOK YIN
- Citation
- [2026] HKCFI 282
- Court
- Court of First Instance
- Case number
- HCBI737/2024
The court ordered indemnity costs against the debtor under the contractual indemnity clause and against the nominees personally because their conduct in preparing and handling the IVA proposal demonstrated serious breaches of their duties of independence and impartiality; accordingly Li and the Nominees are jointly and severally liable for the costs of the 737 Summons to be summarily assessed on paper.