Nonghyup Bank (As Trustee of Pacificbridge Gold Income Fund 1) v. Universe Income Builder Fund v. Llc and Others

Read the full judgment text of HCA 2089/2020 on BabelCite. This High Court CFI judgment was delivered on 26 November 2021.

Cited by 2 cases · Cites 1 case

Case No.HCA 2089/2020[2021] HKCFI 3519
Court
High Court CFI
Date26 Nov 2021
Judge
Case Document
100%Judiciary

HCA 2089/2020

[2021] HKCFI 3519

IN THE HIGH COURT OF THE

HONG KONG SPECIAL ADMINISTRATIVE REGION

COURT OF FIRST INSTANCE

ACTION NO. 2089 OF 2020

________________________

BETWEEN    
  NONGHYUP BANK (AS TRUSTEE OF PACIFICBRIDGE GOLD INCOME FUND 1) Plaintiff

and

  UNIVERSE INCOME BUILDER FUND VI LLC 1st Defendant
  KH UAM GOLD TRADING (HONG KONG) LTD 2nd Defendant
  UNIVERSE ASIA MANAGEMENT LTD 3rd Defendant
  JACK P CHANG 4th Defendant
  HO DICK SHUN ERIC 5th Defendant
  JUNG JOO HO 6th Defendant
  LEGACY TRUST COMPANY LIMITED 7th Defendant

________________

Before: Hon Coleman J in Chambers (Open to Public)

Date of Hearing: 24 November 2021

Date of Decision: 26 November 2021

Date of Corrigendum: 2 December 2021

________________________

CORRIGENDUM

________________________

Please note the following corrigendum in paragraph 44 on page 16 between lines R and S in the Decision dated 26 November 2021: -

“those costs to include the costs of the interpleader summons (see below), to be taxed if not agreed on the party and party basis”, should read as “those costs to include the costs of the interpleader summons (see below), to be taxed if not agreed, on the party and party basis and payable forthwith”.

Please note the following corrigendum in paragraph 47 on page 17 between lines J and L in the Decision dated 26 November 2021:

“it seems to me that the appropriate costs order to make is that D7 should have 50% of its costs of the interpleader summons, to be taxed if not agreed on the party and party basis”, should read as “it seems to me that the appropriate costs order to make is that D7 should have 50% of its costs of the interpleader summons, to be taxed if not agreed, on the party and party basis and payable forthwith”.

Dated the 2nd day of December 2021

  (Alvin Kwok)
  for Registrar, High Court