Read the full judgment text of HCCW 86/2007 on BabelCite. This High Court CFI judgment was delivered on 9 January 2008.
1. By this application, the Liquidators of Tiffit Securities (Hong Kong) Limited (“the Liquidators” and “the Company” respectively) seek directions essentially as to the manner in which dividends in the liquidation to be paid to clients of the Company with claims against it (or shares to be returned to such clients) should be apportioned between the individual clients and the Investor Compensation Company (“the ICC”), which manages the Investor Compensation Fund (“the Fund”) under the Securities
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