27 Dec 2024
RE LIN YIFAN
- Citation
- [2024] HKCFI 3666
- Court
- Court of First Instance
- Case number
- HCB721/2024
The court found jurisdiction under s4(1)(c)(i) and (place of residence) because the debtor acquired permanent residency, purchased and maintained a Hong Kong residential unit which he intended to occupy and did occupy during the relevant period; the debtor failed to prove a bona fide dispute on substantial grounds as the alleged global settlement was unparticularized, unsupported by documents or credible evidence and inconsistent with contemporaneous records, therefore the petitioning debt stood and a bankruptcy order was made.