16 Nov 2007
STACK ELECTRONICS ASIA LTD v. LU DA LIN AND OTHERS
- Citation
- STACK ELECTRONICS ASIA LTD v. LU DA LIN AND OTHERS
- Court
- Court of First Instance
- Case number
- HCA1850/2007
The court refused to set aside the ex parte injunctions because the alleged non-disclosures were not shown to be material in the context of the strong prima facie case of fiduciary breach and diversion; on authority it was appropriate to continue the restraint on competition despite imminent termination of the Agency Agreement to prevent New Elite obtaining an unfair head start; the freezing order cap of $21,000,000 was to be maintained pending trial on the basis of the audit report evidence available at interlocutory stage; limited variations to permitted withdrawals were granted and fortifi…