7 Sept 2023
RE KOON WING YEE
- Citation
- [2023] HKCFI 2301
- Court
- Court of First Instance
- Case number
- HCB3631/2023
The court held that the debtor failed to demonstrate a bona fide dispute on substantial grounds or to prosecute the appeal with due diligence; given the judgment was obtained after a full contested trial, the debtor bears the burden of showing cogent grounds to deprive the creditor of the judgment's fruit; unexplained delay, inability to pay or provide security and late ambushing filings justified allowing the petition and making a bankruptcy order.