1 Feb 2021
CHU KONG AND ANOTHER v. LAU WING YAN AND OTHERS
- Citation
- [2021] HKCFI 273
- Court
- Court of First Instance
- Case number
- HCA1026/2020
The court exercised a balancing exercise and held that the proposed Security Package (legal charge over Shun Tak property up to Lau's 50% indirect interest, a charge over Bel‑Air property subject to verification, and payments into court totalling the agreed amounts) provided sufficient security for the plaintiffs' claims to justify discharging specified proprietary/Mareva injunctions and staying ancillary disclosure orders pending verification and completion of the security steps; discharge was conditional on completion of specified acts and payments and on investigative steps into title and…