25 Jan 2010
DLA PIPER HONG KONG (a firm) v. CHINA PROPERTY DEVELOPMENT (HOLDINGS) LTD AND ANOTHER
- Citation
- DLA PIPER HONG KONG (a firm) v. CHINA PROPERTY DEVELOPMENT (HOLDINGS) LTD AND ANOTHER
- Court
- Court of Appeal
- Case number
- CACV142/2009
The Court found there was no arguable prospect that leave to appeal to the Court of Final Appeal would be granted because the issues raised were not of the requisite character (not final, not of great general or public importance, and Best China lacked a viable liquidated claim against the stakeholder), therefore a stay of execution was unjustified and the sum paid into court should be released to the stakeholder; costs follow the event including indemnity to DLA.