17 Feb 2022
JIN JIANG INVESTMENT LTD AND ANOTHER v. 深圳市威廉金融控股有限公司 AND OTHERS
- Citation
- [2022] HKCFI 378
- Court
- Court of First Instance
- Case number
- HCA196/2021
Plaintiffs established a good arguable case on the pleaded fraud-related causes of action and a real risk of dissipation by the relevant defendants; the ex parte injunction was properly obtained and, notwithstanding shortcomings in plaintiffs' disclosure, the alleged non-disclosure could not be resolved without trial; accordingly the Mareva and proprietary injunctions were continued against Zhang, Wang Tao, China Create, Wang Xu and State Frontier until trial or further order. The Variation Summons by China Create seeking release of sale proceeds was dismissed because China Create failed to p…