6 Jul 2018
RE ABN AMRO BANK N.V.
- Citation
- [2018] HKCFI 1559
- Court
- Court of First Instance
- Case number
- HCMP280/2018
Assets in the Residual Accounts (other than cash) are held on trust; the applicant demonstrated it took reasonable steps to contact beneficiaries and to notify them of the proposed orders; accordingly court granted leave to pay into court those assets which can be deposited (physical share certificates), leave to sell or otherwise dispose of assets that cannot be paid into court with proceeds to be paid into court, leave to dispose of illiquid items (including forfeiture), directed public and personal notice under Order 92, and discharged the applicant from obligations on compliance with thos…