Hong Kong Case Law: Decisions & Judgments | LexChat

Hong Kong Case Law

Third‑party undertaking enforcement
  • 7 Aug 2024

    RE CHU JIARU

    Citation
    [2024] HKCA 756
    Court
    Court of Appeal
    Case number
    CACV95/2023

    Security for costs was ordered and quantified at $860,780 because that amount represented a reasonable estimate of party and party costs for the appeal on a broad brush approach; the debtor's proposals to reduce the amount and to substitute a foreign spouse's undertaking were rejected as unjustified or unenforceable; consequential orders stayed the appeal until payment and provided for dismissal on default and summary assessment of costs of the summons at $250,000.