Hong Kong Case Law: Decisions & Judgments | LexChat

Hong Kong Case Law

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  • 22 May 2012

    RE KRZYSZTOF MARSZALEK

    Citation
    RE KRZYSZTOF MARSZALEK
    Court
    Court of First Instance
    Case number
    HCB10950/2009

    No evidence established a realisable surplus in the bankruptcy estates; Official Receiver accepted valuation showing insufficiency; Petitioning Creditor had reasonable grounds to pursue statutory interest but abandoned the claim and therefore is not entitled to costs for that pursuit; costs of the annulment applications awarded on party-and-party basis; indemnity costs under the Guarantee are not recoverable in respect of costs of the annulment proceedings; Official Receiver's disproportionate statutory scale fees are remitted and only actual time costs and forthcoming administration costs ar…