Hong Kong Case Law: Decisions & Judgments | LexChat

Hong Kong Case Law

Banker's books
  • 6 Feb 2013

    UNICREDIT BANK AUSTRIA AG v. DRAGON WISE TRADING LTD

    Citation
    UNICREDIT BANK AUSTRIA AG v. DRAGON WISE TRADING LTD
    Court
    Court of First Instance
    Case number
    HCA2110/2012

    Leave was granted to relax the implied undertaking and permit the plaintiff to disclose information and documents obtained from the bank under the disclosure order to the Hong Kong police and Austrian police because the facts disclosed a strong case of serious extra-territorial fraud, the defendant had been evasive and non-compliant, further tracing required police assistance, and any prejudice to the defendant flowed from its own misconduct rather than the relaxation of the undertaking.