19 Jul 2019
TRUEARNS CO LTD v. WEALTHY FOUNTAIN HOLDINGS INC
- Citation
- [2019] HKCFI 1840
- Court
- Court of First Instance
- Case number
- HCA1560/2018
The court found it arguable that the Letter of Surety incorporated the arbitration clause in the Transfer Agreement such that there was a prima facie arbitration agreement; on that basis the court was obliged to stay the action under the Arbitration Ordinance and set aside the default judgment, leaving merits to an arbitral tribunal.