25 Feb 2011
HONG KONG AIRCRAFT ENGINEERING CO LTD v. THE JOINT AND SEVERAL LIQUIDATORS OF OASIS HONG KONG AIRLINES LTD (IN LIQUIDATION)
- Citation
- HONG KONG AIRCRAFT ENGINEERING CO LTD v. THE JOINT AND SEVERAL LIQUIDATORS OF OASIS HONG KONG AIRLINES LTD (IN LIQUIDATION)
- Court
- Court of First Instance
- Case number
- HCCW132/2008
HAECO's claims for possessory liens (particular, agent and general) over the Aircraft Documents and Cabin Inventory Assets fail: HAECO lacked the requisite right to continued possession; the aircraft and documents were not shown to be a composite chattel for lien purposes; the Service Agreement and statutory/regulatory framework precluded the asserted liens; industry custom was not established; consequently HAECO has no security interest in those assets.