Read the full judgment text of HCMP 632/2012 on BabelCite. This High Court CFI judgment was delivered on 23 January 2020 before Hon Au-Yeung J.
Civil procedure – injunction – undertakings – reflective loss principle – discharge of undertaking – false representation – Henan IPC – Companies Ordinance – material change of circumstances – costs – Dispute over share ownership in Grandsome Industrial Limited and subsidiary Xinxiang REC. Undertakings given in 2012. Huang seeks discharge due to Wang's misconduct in PRC proceedings. Whether reflective loss principle bars claim. Whether material change of circumstances justifies discharge. Whether false representation injunction warranted. Reflective loss bars Class 1-3. Class 4 (para 8) granted. Undertakings discharged. Costs 75% to Wang.
Legal issues: Reflective loss principle · Material change of circumstances · False representation of injunction · Discharge of Undertakings
Outcome: Summons partially granted. Class 1, 2, 3 reliefs dismissed. Class 4 relief (para 8) granted. Class 5 relief granted.
Cited by 11 cases · Cites 3 cases