Read the full judgment text of CACV 63/2011 on BabelCite. This Court of Appeal judgment was delivered on 17 July 2012.
1. In 2004 the Zhuhai Municipal Government (珠海市政府) (‘Zhuhai Government’) in the Mainland encountered financial difficulties arising from investments carried out by two of its investment vehicles, namely, Zhu Kuan (Hong Kong) Co. Ltd 珠光(香港)有限公司(‘Zhu Kuan HK’) a company incorporated in Hong Kong and Zhu Kuan Group Company珠光集團有限公司(‘Zhu Kuan Group’) a company incorporated in Macau. These two companies were wound up by the Hong Kong Courts at the end of 2004 by a petition presented by the Standard C
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