7 Jul 2001
KUANG TENG INDUSTRY CO. LTD. AND ANOTHER v. MULTISPARK LTD. AND ANOTHER
- Citation
- KUANG TENG INDUSTRY CO. LTD. AND ANOTHER v. MULTISPARK LTD. AND ANOTHER
- Court
- Court of First Instance
- Case number
- HCA1143/2000
The ex parte mareva injunctions were discharged because the plaintiffs failed to honour express undertakings (notably the HK$6,000,000 bank guarantee), delayed and deficient service of orders and supporting materials, and made material misstatements/non-disclosures in the ex parte applications; further, the plaintiffs failed to prove a real risk of dissipation and therefore applications for fresh mareva injunctions were refused.