21 Jun 2019
NOMURA FUNDS IRELAND PLC v. THE COLLECTOR OF STAMP REVENUE
- Citation
- [2019] HKDC 852
- Court
- District Court
- Case number
- DCSA4/2017
Leave to appeal was refused because the proposed grounds were unarguable: the court correctly treated the Luxembourg opinions as not dispositive in the absence of contested foreign-law evidence, properly interpreted the Merger Proposal and relevant Luxembourg provisions and concluded the Merger effected a transfer of the HK securities within the meaning of the SDO, and the appellant failed to show that s27(5) exempted the transaction; no public‑interest basis justified leave; costs awarded to respondent.