10 Apr 2018
GALLERIA (HONG KONG), LIMITED (IN COMPULSORY LIQUIDATION) AND ANOTHER v. DBS BANK LTD., HONG KONG BRANCH
- Citation
- [2018] HKCFI 773
- Court
- Court of First Instance
- Case number
- HCCL4/2016
The court appointed a single joint insolvency expert to cover the periods identified by Galleria HK and directed the parties to agree directions because insolvency is a straightforward accounting issue susceptible to joint expert assessment; the court refused leave to adduce expert evidence on trade finance and credit banking practice because it was not shown to be necessary or likely to assist the tribunal given the available documentary and witness evidence and the speculative nature of the proposed expert opinions.