14 Jun 2011
CIDO CAR CARRIER SERVICE LTD v. WOORI BANK (HONG KONG BRANCH)
- Citation
- CIDO CAR CARRIER SERVICE LTD v. WOORI BANK (HONG KONG BRANCH)
- Court
- Court of First Instance
- Case number
- HCA874/2011
The South Korean tax authority's notice seeking to freeze and collect alleged tax debt was a foreign revenue claim and cannot be enforced in Hong Kong in the absence of treaty or reciprocity; the defendant bank was in breach of its contract with the plaintiff by seeking to comply with that foreign request, therefore the court granted the plaintiff's relief, dismissed the interpleader application and ordered costs to the plaintiff.