4 Apr 2003
Re B+B CONSTRUCTION CO.LTD.
- Citation
- Re B+B CONSTRUCTION CO.LTD.
- Court
- Court of First Instance
- Case number
- HCCW114/2001
Leave was granted because the claim involved highly technical and potentially fraudulent issues requiring full litigation/arbitration with expert evidence and cross-examination; the existence of local and probable global insurance cover meant costs and any judgment were likely to be funded so the company's limited assets would not be unduly prejudiced; the liquidators had delayed adjudication and were not demonstrably better placed to resolve the matter fairly and expeditiously.