12 Jun 2017
CHINA BAOLI TECHNOLOGIES HOLDINGS LTD (formerly known as REX GLOBAL ENTERTAINMENT HOLDINGS LTD) v. ORIENT EQUAL INTERNATIONAL GROUP LTD AND ANOTHER
- Citation
- CHINA BAOLI TECHNOLOGIES HOLDINGS LTD (formerly known as REX GLOBAL ENTERTAINMENT HOLDINGS LTD) v. ORIENT EQUAL INTERNATIONAL GROUP LTD AND ANOTHER
- Court
- Court of First Instance
- Case number
- HCA1399/2016
The court adjourned the authority summons and all Purported Squadron‑related summonses pending determination of the Bahamas action because the key legal question (scope and effect of s70 IBCA and authority to adopt pre‑incorporation contracts) is a matter of Bahamian law and there was a real risk and undesirability of conflicting rulings; Lantau's declaration seeking a ruling on beneficial ownership was dismissed because beneficial ownership is disputed in ongoing New York proceedings and Lantau could not demonstrate beneficial ownership before this court; SVK's challenge to the order for ser…