25 Feb 2011
HONG KONG AIRCRAFT ENGINEERING CO LTD v. THE JOINT AND SEVERAL LIQUIDATORS OF OASIS GROWTH AND INCOME INVESTMENTS LTD
- Citation
- HONG KONG AIRCRAFT ENGINEERING CO LTD v. THE JOINT AND SEVERAL LIQUIDATORS OF OASIS GROWTH AND INCOME INVESTMENTS LTD
- Court
- Court of First Instance
- Case number
- HCCW133/2008
HAECO does not have a security interest in the Aircraft Documents or the Cabin Inventory Assets: the aircraft and documents were not shown to be a composite chattel giving rise to a particular lien; HAECO lacked the requisite right of continued possession; the Service Agreement and regulatory regime (Air Navigation (Hong Kong) Order 1995) and the contractual security regime preclude the asserted liens; agent's and general lien claims fail for want of agency, custom or superiority to third-party interests.