12 Jan 2024
LILI HU v. NEW NORDIC MANAGEMENT INTERNATIONAL LTD
- Citation
- [2024] HKDC 9
- Court
- District Court
- Case number
- DCCJ332/2022
Plaintiff failed to establish a proprietary claim against NN Hong Kong because the PPSA was between Hu and VIP (NN Hong Kong was not a contracting party), Hu had not rescinded the voidable contract nor made counter‑restitution, and there was therefore no proprietary interest or trust duty established against NN Hong Kong; consequently there was no serious issue to be tried against NN Hong Kong and the proprietary injunction was discharged and the action stayed to permit rectification if possible.