22 Dec 1997
NOMURA INTERNATIONAL (HONG KONG) LTD AND OTHERS v. SECURITIES & FUTURES COMMISSION
- Citation
- NOMURA INTERNATIONAL (HONG KONG) LTD AND OTHERS v. SECURITIES & FUTURES COMMISSION
- Court
- Court of First Instance
- Case number
- HCAL108/1997
On the balance of probabilities the Applicants established a real risk of prejudice and potential injustice from simultaneous full disciplinary progression in Hong Kong while preparing for the Australian trial; the public interest did not outweigh that prejudice for a limited period. Accordingly the Court granted a prohibition preventing the SFC from requiring responses to the Letters of Mindedness in respect of specified applicants until 31 May 1998 and ordered costs for the Applicants.