Read the full judgment text of FAMV 000017/2001 on BabelCite. This FAMV judgment was delivered on 26 September 2001 before Mr Justice Bokhary PJ, Mr Justice Chan PJ and Mr Justice Ribeiro PJ.
Civil procedure – leave to appeal – Court of Final Appeal – foreign exchange contracts – margin trading – floating losses – additional margin requirements – s.22(1)(b) – great general or public importance – Cheng Lai Kwan v Nan Fung Textiles Ltd – application for leave to appeal against Court of Appeal judgment – whether claim virtually certainly exceeding $1 million – not established – whether questions of sufficient importance – yes – leave granted restricted to public importance basis
Legal issues: Leave to appeal on value threshold · Leave to appeal on public importance
Outcome: Leave to appeal granted restricted to the basis of questions of great general or public importance.