14 Oct 1999
WAH NAM HOLDINGS CO. LTD. AND OTHERS v. EXCEL NOBLE DEVELOPMENT LTD. AND OTHERS
- Citation
- WAH NAM HOLDINGS CO. LTD. AND OTHERS v. EXCEL NOBLE DEVELOPMENT LTD. AND OTHERS
- Court
- Court of First Instance
- Case number
- HCA8974/1999
The court declined to discharge the interlocutory injunction against the 8th Defendant because (a) the 1st–7th Defendants were not shown to be adversely affected as the injunction did not prevent payment into the agreed escrow account, (b) the Plaintiffs' material non-disclosure related to their financial position and therefore had minimal relevance to the injunction against the 8th Defendant, and (c) the injunction preserved the pre-existing status quo and the 8th Defendant did not seek discharge; accordingly the court exercised its discretion to continue the injunction.