8 Mar 2006
HKFE CLEARING CORPORATION LTD v. YICKO FUTURES LTD
- Citation
- HKFE CLEARING CORPORATION LTD v. YICKO FUTURES LTD
- Court
- Court of Appeal
- Case number
- CACV400/2005
The Court allowed the appeal and set aside the discovery order because the Company was contractually bound to accept HKCC's Closing Quotations as final and conclusive; absent particularised allegations of fraud by HKCC or manifest error there was no arguable issue to justify discovery and permitting the requested disclosure would amount to an impermissible fishing expedition.