Read the full judgment text of HCA 1020/2015 on BabelCite. This High Court CFI judgment was delivered on 7 March 2016.
1. The plaintiffs commenced this action on 8 May 2015. They held accounts either individually or jointly with the defendant, the Hong Kong and Shanghai Banking Corporation Ltd (“HSBC”). They claim that HSBC has since on or about 27 March 2015 wrongfully frozen the accounts specified in the schedule to the amended indorsement of claim (“the Accounts”), and thereby wrongfully prevented them from accessing and operating the Accounts and withdrawing or otherwise dealing with the balance therein.
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