11 Oct 2019
RE LI SHU CHUNG
- Citation
- [2019] HKCFI 2500
- Court
- Court of First Instance
- Case number
- HCB5475/2018
The court found on the evidence that the debtor had a place of residence and was ordinarily resident and domiciled in Hong Kong within the relevant 3 year period; the debtor had evaded service but had actual notice of the statutory demand and petition; there was no material non‑disclosure to the Master when leave was granted; and the proposed settlement (a charge on a 34% family company shareholding) was not a reasonable, readily realizable offer given the litigation history and the debtor's conduct—accordingly the jurisdiction and service defences and set‑aside and settlement defences failed…