Hong Kong Case Law: Decisions & Judgments | LexChat

Hong Kong Case Law

Pre-judgment arrest/security
  • 22 Oct 1980

    CITIBANK, N.A. v. JAMES S. LEE

    Citation
    CITIBANK, N.A. v. JAMES S. LEE
    Court
    Court of First Instance
    Case number
    HCA792/1979

    The Court refused to stay or strike out the Hong Kong proceedings because the Guam appellate judgment was given after the Hong Kong action commenced and did not present a clear case for dismissal; relevant discretionary factors (defendant served in Hong Kong, local assets, documents signed locally, absence of reciprocal enforcement, enforcement and reputational considerations, and plaintiffs' need to pursue remedies in multiple fora) meant the action should proceed, but paragraph 13 relying on the now-reversed Guam judgment was struck out and certain restraints were modified or retained pendi…