10 Oct 2017
LAU WING YAN v. THE OWNERS AND/OR DEMISE CHARTERERS OF THE SHIP OR VESEEL “BBG HOPE”
- Citation
- LAU WING YAN v. THE OWNERS AND/OR DEMISE CHARTERERS OF THE SHIP OR VESEEL “BBG HOPE”
- Court
- Court of First Instance
- Case number
- HCAJ78/2017
The personal actions (HCAJ 77 and HCAJ 78) were struck out as unsustainable because shareholder status in the holding company does not confer ownership of subsidiary assets and vessel registration is normally conclusive; the strike out applications were properly brought and costs were awarded to the Defendants. The derivative actions (HCAJ 79 and HCAJ 80) contain curable deficiencies and may proceed with amendment, but the Defendants are entitled to costs of the strike out applications up to and including the hearing. The Plaintiff's application to file further evidence was refused and costs…