21 Aug 2019
GATECOIN LTD v. BD MULTIMEDIA HK LTD
- Citation
- [2019] HKCFI 2025
- Court
- Court of First Instance
- Case number
- HCMP810/2019
The court's core approach is that, in s.21M proceedings, Mareva-type relief may be granted only if there is a properly arguable substantive case and sufficient evidence of a real risk of dissipation of assets; absent such a risk or arguable case, freezing relief is inappropriate. The court must exercise caution because of the serious consequences of Mareva injunctions.