5 May 2016
CRANE WORLD ASIA PTE LTD v. HONTRADE ENGINEERING LTD
- Citation
- CRANE WORLD ASIA PTE LTD v. HONTRADE ENGINEERING LTD
- Court
- Court of First Instance
- Case number
- HCA462/2014
The plaintiff was found ordinarily resident outside Hong Kong (central management in Singapore); although reciprocal enforcement in Singapore exists and the plaintiff has some Hong Kong assets, those assets are not of a fixed or readily realizable nature and the defendant delayed in bringing the application such that ordering security would not be just or cost-effective; therefore the application for security for costs was refused; costs nisi awarded to the plaintiff in sum HK$90,000.