25 Sept 2020
SILVER UNIVERSE INVESTMENTS LTD v. CHINA TIMES SECURITIES LTD AND OTHERS
- Citation
- [2020] HKCFI 2508
- Court
- Court of First Instance
- Case number
- HCA1824/2018
Leave to appeal dismissed because plaintiff failed to show a reasonable prospect of success: the pleadings did not establish clear acceptance of repudiation or termination of the Loan Agreement, plaintiff did not meet the requisite threshold for interim payment by demonstrating likely success at trial, and issues of defendant liability (including agent and collateral agreement defences and permitted portfolio protection arrangements) meant reasonable disagreement about liability existed.