13 May 2022
TARGET INSURANCE CO LTD v. NG YU AND OTHERS
- Citation
- [2022] HKCFI 1362
- Court
- Court of First Instance
- Case number
- HCA305/2022
Court granted a conditional interim stay of paragraphs 7 and 8 of the Order but varied paragraph 7 to increase the individual disclosure threshold to HK$200,000 because D1 had already disclosed assets with an estimated value exceeding the Sum and admitted beneficial ownership; the stay was justified on balance provided conditions (periodic sealed affirmations, updates and liberty to apply to lift) to protect plaintiff's ability to police the injunction and to avoid irremediable prejudice to the defendant.