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 .
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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 ____________________
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________________ 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.
Mr Tom Ng, instructed by Clifford Chance, for Plaintiff 2nd Defendant, acting in person and being absent | ||||||||||||||||||||||||||
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