Nuoxi Capital Ltd (in Liquidation in the British Virgin Islands) v. Peking University Founder Group Co Ltd
Read the full judgment text of HCA 778/2021 on BabelCite. This High Court CFI judgment was delivered on 22 February 2022.
1. On 17 December 2021, I dismissed the Defendant’s application to stay the Actions. On 22 February 2022, I dismissed the Defendant’s application (which I had heard on 18 February 2022) for leave to appeal that decision. Also on 22 February 2022 I heard a case management conference and made directions for the further conduct of the Actions leading to a trial commencing on 11 January 2023.
Cites 1 case
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HCA 778/2021, HCA 798/2021, [2022] HKCFI 636 HCA 778/2021 IN THE HIGH COURT OF THE HONG KONG SPECIAL ADMINISTRATIVE REGION COURT OF FIRST INSTANCE ACTION NO 778 OF 2021 ____________________
IN THE HIGH COURT OF THE HONG KONG SPECIAL ADMINISTRATIVE REGION COURT OF FIRST INSTANCE ACTION NO 798 OF 2021 ____________________
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IN THE HIGH COURT OF THE HONG KONG SPECIAL ADMINISTRATIVE REGION COURT OF FIRST INSTANCE ACTION NO 1418 OF 2021
IN THE HIGH COURT OF THE HONG KONG SPECIAL ADMINISTRATIVE REGION COURT OF FIRST INSTANCE ACTION NO 1442 OF 2021
__________________________________ REASONS FOR DECISION __________________________________ 1.On 17 December 2021, I dismissed the Defendant’s application to stay the Actions. On 22 February 2022, I dismissed the Defendant’s application (which I had heard on 18 February 2022) for leave to appeal that decision. Also on 22 February 2022 I heard a case management conference and made directions for the further conduct of the Actions leading to a trial commencing on 11 January 2023. 2.Also on 17 December 2021 I made an order in HCMP 1831 of 2021 for recognition of the Administrators of the Defendant. This included in [5]–[9] directions intended to facilitate cooperation between the Hong Kong court and the Beijing No.1 Intermediate People’s Court (“Beijing Court”), which has conduct of the Administration of the Defendant. One reason for making comprehensive directions at this stage for the progress of the Actions is in order that the Beijing Court has some idea as to how the Actions will progress subject to the Beijing Court taking up the Hong Kong court’s suggestion that the two courts consider cooperating with a view to identifying issues, which arise in both the Actions and the Administration, and agreeing, with the involvement of the Parties, which court determines, which issue. If this were to happen it may well be that the directions will have to be amended.
Mr Look Chan Ho, instructed by Addleshaw Goddard (Hong Kong) LLP, for the plaintiffs (in HCA 778 & 798 & 1418 & 1442/2021) Mr José-Antonio Maurellet SC, Mr Tom Ng and Ms Jasmine Cheung, instructed by Freshfields Bruckhaus Deringer, for the defendant (in HCA 778 & 798 & 1418 & 1442/2021) | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Cases cited in this judgment
Further hearings and rulings under HCA 778/2021