Standard Chartered Bank (Hong Kong) Ltd v. Lau Lai Wendy and Another

Read the full judgment text of HCA 1478/2017 on BabelCite. This High Court CFI judgment was delivered on 10 July 2024.

1. This application is not opposed. I bear in mind the applicable principles set out in Leader Screws Manufacturing Co Ltd v Huang Shunkui [2021] HKCFI 2828 .

Cited by 4 cases · Cites 1 case

Case No.HCA 1478/2017[2024] HKCFI 1829
Court
High Court CFI
Date10 Jul 2024
Judge
Case Document
100%Judiciary

HCA 1478/2017

[2024] HKCFI 1829

IN THE HIGH COURT OF THE

HONG KONG SPECIAL ADMINISTRATIVE REGION

COURT OF FIRST INSTANCE

ACTION NO. 1478 OF 2017

____________________

BETWEEN

  STANDARD CHARTERED BANK (HONG KONG) Plaintiff
  LIMITED  
  and  
  LAU LAI WENDY (劉勵) 1st Defendant
  NIE NAI YAN ANNIE (聶海燕) 2nd Defendant

____________________

Before: Hon Anthony Chan J in Chambers
Date of Hearing: 10 July 2024
Date of Decision: 10 July 2024

________________

DECISION

________________

1.This application is not opposed. I bear in mind the applicable principles set out in Leader Screws Manufacturing Co Ltd v Huang Shunkui [2021] HKCFI 2828.

2.I am satisfied on the materials before the Court that the appointment of receivers is just and convenient for the enforcement of the Plaintiff’s judgment against the 2nd Defendant.

3.The assets in question are interests held in funds which are domiciled in Luxembourg. It is clear on the evidence that the appointment of receivers is the practical and costs effective manner of enforcement without undue delay.

4.I grant an order in terms of the draft before the Court as amended.

  ( Anthony Chan )
Judge of the Court of First Instance
High Court

Mr Tom Ng, instructed by Clifford Chance, for Plaintiff

2nd Defendant, acting in person and being absent