13 Apr 2023
ZS CAPITAL FUND SPC AND OTHERS v. ASTOR ASSET MANAGEMENT 3 LTD AND ANOTHER
- Citation
- [2023] HKCFI 1047
- Court
- Court of First Instance
- Case number
- HCA1157/2020
The stay was lifted because the arbitral tribunal had finally determined the disputes and directed MLO-related matters to be litigated in Hong Kong, leaving nothing further for the tribunal to decide; arbitral awards are binding unless stayed or set aside, and a pending set-aside application in the seat does not, without more, preclude the Hong Kong court from proceeding where the award has not been stayed.