19 Apr 2021
RE AETHER LTD
- Citation
- [2021] HKCFI 1143
- Court
- Court of First Instance
- Case number
- HCCW397/2020
The petition was adjourned but only on a tightly defined timetable tied to the company's demonstrated prospect of an imminent loan drawdown; the court will adjourn where there is credible, reasonably precise evidence that funds will be available to pay the petitioner in full, but will not rely on vague proposals (such as speculative realisation of Beijing property) without more compelling evidence.