23 Mar 2020
WELL THRIVE LTD v. HIGH WEST CAPITAL PARTNERS, LLC
- Citation
- [2020] HKCFI 500
- Court
- Court of First Instance
- Case number
- HCMP1946/2019
The court found there was a serious issue to be tried on the competing constructions of the Contracts (security interest versus outright transfer), no material non-disclosure on fact or law in the ex parte application given the urgency and the matters disclosed, and that damages would not be an adequate remedy to the plaintiff in the circumstances (thin trading and concentrated shareholding). Accordingly the interlocutory injunction was continued pending disposal of the related arbitration.