31 Dec 2019
SIBERIAN MINING GROUP CO LTD v. DAILY LOYAL LTD
- Citation
- [2020] HKCFI 138
- Court
- Court of First Instance
- Case number
- HCMP2169/2019
The judge held that although the plaintiff reasonably commenced proceedings and had an arguable claim that consent was unreasonably withheld, the Stock Exchange's independent approval and the subsequent placement rendered the originating summons academic; exercising discretion accordingly, neither party had won or lost substantively and the default rule that costs follow the event did not apply, so there should be no order as to costs.