Matter
A Co. v B Co. (High Court of the Hong Kong Special Administrative Region HCCT 99/2025)
Arbitration between A Co. and B Co. produced a costs award, followed by Hong Kong proceedings on enforcement, asset disclosure, a worldwide injunction and charging orders.
Procedural record
- 3 December 2024Arbitration
3 December 2024Arbitration
Costs Award dated 3 December 2024
- Decision summary
- The arbitral tribunal made a costs award in favour of A Co. against B Co.
Participants
A Co.
B Co.
10 months and 12 days later · 316 days
- 15 October 2025Hong Kong
15 October 2025Hong Kong
Decision of the High Court of the Hong Kong Special Administrative Region in HCCT 99/2025 dated 15 October 2025
High Court of the Hong Kong Special Administrative Region, Court of First Instance
- Citation
- [2025] HKCFI 4986
- Decision summary
- The Court made absolute the garnishee order against Hang Seng Bank for HK$304.39 and the charging order over B Co.'s shares, varied the worldwide Mareva injunction to permit release of the garnisheed sum and reduce the restrained amount, extended the asset-disclosure deadline, and ordered B Co. to pay A Co.'s assessed costs of HK$948,780.
Participants
A Co.
- Representative
- Natalie So (For: A Co.)
- Representative
- Holman Fenwick Willan (For: A Co.)
B Co.
Hang Seng Bank, Limited
High Court of the Hong Kong Special Administrative Region, Court of First Instance
- Judge
- Jonathan Chang SC
- Date not availableHong Kong
Date not availableHong Kong
Decision of DHCJ Jonathan Wong dismissing the application to set aside the Costs Award (September 2025)
- Decision summary
- DHCJ Jonathan Wong dismissed B Co.'s application to set aside the Costs Award for want of prosecution.
Participants
A Co.
B Co.
Court
- Judge
- Jonathan Wong
- Date not availableHong Kong
Date not availableHong Kong
Garnishee and charging orders nisi (August 2025)
- Decision summary
- The Court issued garnishee orders nisi against three banks holding B Co.'s accounts and a charging order nisi over B Co.'s shares in the Company.
Participants
A Co.
B Co.
Hang Seng Bank, Limited
- Date not availableHong Kong
Date not availableHong Kong
Order granting a worldwide Mareva injunction and asset disclosure order (July 2025)
- Decision summary
- The Court granted A Co. a worldwide Mareva injunction against B Co. up to the value of the Costs Award and ordered B Co. to disclose assets.
Participants
A Co.
B Co.
- Date not availableHong Kong
Date not availableHong Kong
Order granting leave to enforce the Costs Award (July 2025)
- Decision summary
- Mimmie Chan J granted A Co. leave to enforce the Costs Award against B Co. in the same manner as a judgment of the Court.
Participants
A Co.
B Co.
Court
- Judge
- Mimmie Chan J