23 Jun 2015
GFI (HK) SECURITIES LLC v. GYONG HEE KANG AND ANOTHER
- Citation
- GFI (HK) SECURITIES LLC v. GYONG HEE KANG AND ANOTHER
- Court
- Court of First Instance
- Case number
- HCA1319/2015
The court held that GFI demonstrated a serious question to be tried and had reasonably good prospects of success that the non-dealing and non-solicitation covenants were enforceable to protect legitimate commercial interests (client connections and confidential information); GFI did not unduly delay in bringing the application, damages would be an inadequate remedy for loss of client connections/confidential information while the restraint subsisted, and the balance of convenience favoured granting an interlocutory injunction (non-compete was abandoned).