1 Feb 2018
HYUNDAI MERCHANT MARINE (HONG KONG) LTD v. MA CHUN KIT
- Citation
- [2018] HKCFI 176
- Court
- Court of First Instance
- Case number
- HCMP1115/2017
The court found that Ma knowingly breached the Restriction on Disposal of Assets in respect of specified items (credit card payments and other expenditures) because the payments were his assets or otherwise not permitted by the Order; the asserted Reimbursement Arrangement was not credible and the breaches were proved beyond reasonable doubt with the requisite state of mind; accordingly contempt was established for items 4–6 and 8–10 and a mitigation hearing was listed to determine punishment.