Matter
Bluegold Investment Holdings Limited v Kwan Chun Fun Calvin (Hong Kong High Court HCA 1492/2015)
Bluegold and Kwan Chun Fun disputed a US$10m guarantee tied to convertible notes; Hong Kong proceedings concern referring the dispute to arbitration under it.
Procedural record
- 4 March 2016Hong Kong
4 March 2016Hong Kong
Decision of the Court of First Instance of the High Court of the Hong Kong Special Administrative Region in the case HCA 1492/2015 dated 4 March 2016
Court of First Instance of the High Court of the Hong Kong Special Administrative Region
- Citation
- HCA 1492/2015
- Decision summary
- The Court granted the Defendant’s application under section 20 of the Arbitration Ordinance, stayed the proceedings, and referred the dispute concerning the Plaintiff’s guarantee claim to arbitration. It ordered the Plaintiff to pay the Defendant’s summons costs, including costs reserved at the 18 November 2015 hearing, on an indemnity basis.
Participants
Bluegold Investment Holdings Limited
- Representative
- Paul Carolan (For: Bluegold Investment Holdings Limited)
- Representative
- Haldanes (For: Bluegold Investment Holdings Limited)
Kwan Chun Fun Calvin
- Representative
- Deanna Law (For: Kwan Chun Fun Calvin)
- Representative
- Poon Lawyers (For: Kwan Chun Fun Calvin)
Court of First Instance of the High Court of the Hong Kong Special Administrative Region
- Judge
- Mimmie Chan