31 May 2022
THE OWNERS AND/OR DEMISE CHARTERERS OF THE SHIP OR VESSEL “DCOC 3” AND “DCOC 4” AND ANOTHER v. THE OWNERS AND/OR DEMISE CHARTERERS OF THE SHIP OR VESSEL OF THE SHIP OR VESSEL
- Citation
- [2022] HKCFI 1631
- Court
- Court of First Instance
- Case number
- HCAJ81/2019
Reciprocal security against the 1st Plaintiff refused because its vessels remain within the jurisdiction and are arrestable; however, it is just to order security for costs against the 2nd Plaintiff (a South Korean company unlikely to have Hong Kong assets and outside reciprocal enforcement) in the sum of HK$600,000 to cover the Defendant's costs, to be provided within 28 days, failing which the Defendant's counterclaim shall be stayed; costs of the summons ordered in principle with allocation between parties and apportionment between the two Plaintiffs (10% and 90%).