12 Mar 2008
YUENG MAN LOONG MAXLY AND ANOTHER v. TSANG SAU HING BEATRICE AND OTHERS
- Citation
- YUENG MAN LOONG MAXLY AND ANOTHER v. TSANG SAU HING BEATRICE AND OTHERS
- Court
- Court of First Instance
- Case number
- HCCW130/2007
The court ordered the Yeungs to pay the Tsangs' costs of the petitions on a party-and-party basis and the costs of the Yeungs' cross-petitions to the Tsangs on an indemnity basis (in default of agreement), because the cross-petitions' allegations were largely unfounded while the petition issues were facets of the central event; the court refused to order the Yeungs personally to pay provisional liquidators' remuneration and expenses, holding those costs should remain part of the liquidation and borne by the companies absent exceptional circumstances; costs of the costs hearing were ordered as…