Pacific Electric Wire & Cable Co., Ltd v. Texan Management Ltd and Others
Read the full judgment text of HCCL 16/2009 on BabelCite. This HCCL judgment was delivered on 21 April 2022.
1. This application for appointment of Receivers over the only identified assets of Mr Hu Hung Chiu is not defended. I am satisfied that the papers had been properly served on Mr Hu. I am equally satisfied on the evidence filed and submissions made before the court that this application is well-founded. Without the appointment of Receivers, there is no practical way by which the assets in question can be realised to pay the huge amount of costs due from Mr Hu to the Plaintiff. Subject to the und
Cited by 10 cases · Cites 1 case
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HCCL 16/2009 [2022] HKCFI 1423 IN THE HIGH COURT OF THE HONG KONG SPECIAL ADMINISTRATIVE REGION COURT OF FIRST INSTANCE COMMERCIAL ACTION NO 16 OF 2009 (TRANSFERRED FROM HIGH COURT ACTION NO 2203 OF 2004) ____________________
____________________ HCCL 17/2009 IN THE HIGH COURT OF THE HONG KONG SPECIAL ADMINISTRATIVE REGION COURT OF FIRST INSTANCE COMMERCIAL ACTION NO 17 OF 2009 (TRANSFERRED FROM HIGH COURT ACTION NO 2746 OF 2004) ____________________
____________________ HCCL 18/2009 IN THE HIGH COURT OF THE HONG KONG SPECIAL ADMINISTRATIVE REGION COURT OF FIRST INSTANCE COMMERCIAL ACTION NO 18 OF 2009 (TRANSFERRED FROM HIGH COURT ACTION NO 2763 OF 2004) ____________________
____________________ (Heard Together) Before: Hon Anthony Chan J in Chambers Date of Hearing: 21 April 2022 Date of Decision: 21 April 2022 ________________ DECISION ________________ 1.This application for appointment of Receivers over the only identified assets of Mr Hu Hung Chiu is not defended. I am satisfied that the papers had been properly served on Mr Hu. I am equally satisfied on the evidence filed and submissions made before the court that this application is well-founded. Without the appointment of Receivers, there is no practical way by which the assets in question can be realised to pay the huge amount of costs due from Mr Hu to the Plaintiff. Subject to the undertaking to file an affirmation verifying what I have been told this morning concerning the Hong Kong assets of the Plaintiff, I grant the order in terms of the draft order as amended.
Mr Martin Ho, instructed by Lo & Lo, for the Plaintiff in HCCL 16/2009, Plaintiff in HCCL 17/2009 and Plaintiff in HCCL 18/2009 The 8th Defendant in HCCL 16/2009, the 4th Defendant in HCCL 17/2009 and the 4th Defendant in HCCL 18/2009, was not represented and did not appear |
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