5 Dec 2024
COMPANY A AND ANOTHER v. COMPANY C
- Citation
- [2024] HKCFI 3505
- Court
- Court of First Instance
- Case number
- HCCT60/2024
The Court found the Tribunal had not finally implemented the escrow arrangements and the Defendant had obstructed and delayed compliance with tribunal directions; because section 45 empowers the Court to grant ancillary interim measures to facilitate the arbitral process, it was appropriate, just and convenient to grant the plaintiffs' injunctions (including a worldwide asset freeze up to USD 55,506,138.62) and to grant leave to enforce PO 36 and PO 41 under section 61 to preserve the status quo pending the Tribunal's further and final orders and award.