18 Jun 2025
ANGOLA GROUP HOLDINGS LTD v. ZHONG XIN ORE-MATERIAL HOLDING COMPANY LTD
- Citation
- [2025] HKCFI 2517
- Court
- Court of First Instance
- Case number
- HCA1496/2023
Summary judgment applications for both the New IR Fees and the Legal Fees were dismissed because material factual disputes overlap with pleaded contractual claims, credibility and documentary issues are in dispute, the Transcript and 2015 Order are ambiguous on recoverability, and defendants have shown a bona fide defence making trial necessary; security for costs was ordered because there is a real risk Angola will not satisfy adverse costs given its foreign residence, history of non-payment, reliance on funders and multi‑jurisdictional conduct, and the court fixed a reduced, proportionate q…