4 Mar 2022
NUOXI CAPITAL LTD (IN LIQUIDATION IN THE BRITISH VIRGIN ISLANDS) v. PEKING UNIVERSITY FOUNDER GROUP CO LTD
- Citation
- [2022] HKCFI 636
- Court
- Court of First Instance
- Case number
- HCA778/2021
The court refused the defendant’s application to stay the Hong Kong actions and refused leave to appeal because the balance of factors did not justify halting the proceedings; instead the court exercised case management powers to give detailed directions to progress the actions to trial while proposing and facilitating cooperation with the Beijing Court handling the administration, recognising that directions may be amended if the Beijing Court engages.