30 Jan 2024
LEI SHING HONG CREDIT LTD v. LAM MEI YEE AND ANOTHER
- Citation
- [2024] HKCFI 383
- Court
- Court of First Instance
- Case number
- HCMP213/2023
The court found the defendants' appeal was arguable on whether s.18(2)(i) MLO was breached by multiple interest rates and that absence of a stay risked rendering part of the appeal nugatory if the Properties were sold; balancing prejudice favoured a conditional stay. The court therefore granted a stay of execution pending determination of the appeal, subject to fixing a hearing date within seven days.