23 Jan 2001
BEST & BEST INTERNATIONAL INVESTMENT LTD. v. RICHARD TAI & CO., SOLICITORS (A FIRM)
- Citation
- BEST & BEST INTERNATIONAL INVESTMENT LTD. v. RICHARD TAI & CO., SOLICITORS (A FIRM)
- Court
- Court of First Instance
- Case number
- HCMP5268/2000
Interpleader relief was granted because the Defendant, as stakeholder, faced genuine adverse claims to the same sum and could not safely determine entitlement; the proper course was to permit payment into court with a stay of proceedings against the stakeholder and to direct that the issue of whether Mr Lam Wai Hong was a shareholder (and thus entitled to the sum as a loan) be tried between the Plaintiff and the Claimant, with the Defendant's costs deducted and the question of ultimate cost allocation reserved to the trial judge.