12 Dec 2013
SKILLSOFT ASIA PACIFIC PYT LTD v. AMBOW EDUCATION HOLDING LTD
- Citation
- SKILLSOFT ASIA PACIFIC PYT LTD v. AMBOW EDUCATION HOLDING LTD
- Court
- Court of First Instance
- Case number
- HCCL19/2013
No triable issue existed as to the 1st Payment; termination did not extinguish a crystallised debt so summary judgment was entered for the plaintiff for US$625,000; enforcement was stayed in deference to the Cayman provisional liquidation; a triable issue existed as to the 2nd Payment so leave to defend was granted and no interim payment ordered; the court endorsed the two-stage approach and exercised its discretion to stay proceedings until further order.