5 Jun 2020
SAFE CASTLE LTD v. CHINA SILVER ASSET MANAGEMENT (HONG KONG) LTD
- Citation
- [2020] HKCFI 1028
- Court
- Court of First Instance
- Case number
- HCCW69/2019
A stay pending appeal was refused because the established practice is to rarely grant stays of winding-up orders where creditors' interests would be prejudiced; the opposing contributory failed to show it could meet the disputed debt or that creditors would not be harmed, and it did not demonstrate strong prospects of success on the central contractual issue (clause 2(6)).