30 Nov 2012
RICH VILLAGE LTD v. GRAND PRIDE HOLDINGS LTD AND ANOTHER
- Citation
- RICH VILLAGE LTD v. GRAND PRIDE HOLDINGS LTD AND ANOTHER
- Court
- Court of Appeal
- Case number
- CACV224/2012
On a provisional assessment the appeal did not demonstrate strong merits and would not be rendered nugatory if no stay were granted because the plaintiff undertook not to treat preparatory steps as submission to jurisdiction; substantial prejudice to the plaintiff from delay (including a HK$10 million undertaking) and the public/private interest in prompt resolution of a high-value share dispute justified dismissal of the stay application.