29 Apr 2025
盛京銀行股份有限公司（北京中關村支行） v. ZHANG HONGWEI
- Citation
- [2025] HKCFI 1753
- Court
- Court of First Instance
- Case number
- HCA597/2025
The Injunction Order was set aside because the Plaintiff deliberately and materially failed to disclose the existence and relevance of parallel PRC proceedings (including a PRC preservation order and a PRC judgment) that covered the same credit facilities and materially affected loss, damages and asset coverage; that deliberate non-disclosure vitiated the basis on which the interim Mareva injunction was granted, justifying immediate setting aside and indemnity costs.