21 Apr 2022
PACIFIC ELECTRIC WIRE & CABLE CO., LTD v. TEXAN MANAGEMENT LTD AND OTHERS
- Citation
- [2022] HKCFI 1423
- Court
- Court of First Instance
- Case number
- HCCL16/2009
The court granted the appointment of receivers because the papers were properly served, the evidence established that without receivers there was no practical means to realise the assets to pay the substantial costs due to the plaintiff, and the application was otherwise well-founded subject to the plaintiff filing the stated undertaking/affirmation.