Arbitral Digest

Matter

Baosteel Engineering & Technology Group Company Limited v China Zenith Chemical Group Limited (High Court of Hong Kong, HCCT 7/2018)

Hong Kong proceedings concerning enforcement of a Baosteel award, leave to appeal and a conditional stay of execution.

  • Recognition and enforcement of arbitral awards

Procedural record

  1. 16 April 2017Arbitration

    16 April 2017Arbitration

    Arbitral Award

    Decision summary
    China Zenith Chemical Group Limited was severally liable to pay Baosteel Engineering & Technology Group Company Limited under the Award, and Baosteel was entitled to enforce the Award against China Zenith's available assets in Hong Kong.

    Participants

    Baosteel Engineering & Technology Group Company Limited
    Heihe Longjiang Chemical Company Limited
    China Zenith Chemical Group Limited

    1 year, 8 months and 25 days later · 634 days

  2. 10 January 2019Hong Kong

    10 January 2019Hong Kong

    Decision of the High Court of the Hong Kong Special Administrative Region, Court of First Instance in the case HCCT 7/2018 dated 10 January 2019

    High Court of the Hong Kong Special Administrative Region, Court of First Instance

    Case no.
    HCCT 7/2018
    Citation
    [2019] HKCFI 120
    Decision summary
    The court dismissed China Zenith Chemical Group Limited's summonses for leave to appeal and for an interim stay, with costs. It held that China Zenith was severally liable to pay Baosteel under the Award, that Baosteel could enforce the Award against China Zenith's available assets in Hong Kong, and that the intended appeal had no reasonable prospects of success.

    Participants

    Baosteel Engineering & Technology Group Company Limited
    Representative
    Julian Cohen (For: Baosteel Engineering & Technology Group Company Limited)
    Representative
    FitzGerald Lawyers (For: Baosteel Engineering & Technology Group Company Limited)
    Heihe Longjiang Chemical Company Limited
    China Zenith Chemical Group Limited
    Representative
    Tony Ko (For: China Zenith Chemical Group Limited)
    Representative
    Wellington Legal (For: China Zenith Chemical Group Limited)
    High Court of the Hong Kong Special Administrative Region, Court of First Instance
    Judge
    Mimmie Chan

    Authorities cited

    1
    • Arbitration Ordinance (Cap 609)
      statute

Matter record

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Baosteel Engineering & Technology Group Company Limited v China Zenith Chemical Group Limited (High Court of Hong Kong, HCCT 7/2018) · Matter