9 Sept 2025
HERAEUS LTD v. CHU KENG MING
- Citation
- [2025] HKCFI 4133
- Court
- Court of First Instance
- Case number
- HCMP1324/2024
The stay summons was dismissed because the defendant failed to demonstrate a sufficiently arguable appeal on the reserve price (no palpable error in the court's factual valuation findings), and on balance the defendant's conduct in failing to implement an available settlement and in delaying vacant possession outweighed any contention that the appeal would be rendered nugatory; accordingly the court refused to deprive the plaintiff of the fruits of judgment and awarded costs on an indemnity basis.