Arbitral Digest

Matter

China Baoli Technologies Holdings Limited v Orient Equal International Group Limited and others (High Court of Hong Kong HCA 1399/2016)

  1. 27 May 2016Hong Kong

    27 May 2016Hong Kong

    Ex parte injunction order of the High Court of the Hong Kong Special Administrative Region Court of First Instance dated 27 May 2016

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

    Decision summary
    The court granted an ex parte injunction restraining the defendants from breaching their respective lock-up undertakings.

    7 days later · 7 days

  2. 3 June 2016Hong Kong

    3 June 2016Hong Kong

    Continuation of injunction order of the High Court of the Hong Kong Special Administrative Region Court of First Instance dated 3 June 2016

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

    Decision summary
    The court continued the ex parte injunction until trial or further order.

    2 months and 20 days later · 81 days

  3. 23 August 2016Hong Kong

    23 August 2016Hong Kong

    First Ruling of the High Court of the Hong Kong Special Administrative Region Court of First Instance dated 23 August 2016

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

    Decision summary
    The court granted leave to issue the Authority Summons, fixed it as a preliminary issue, adjourned the other summonses, and ordered fortification by payment into court of the loan advanced to the third defendant less the proceeds from sale of the shares.

    3 months and 1 day later · 93 days

  4. 24 November 2016Hong Kong

    24 November 2016Hong Kong

    Second Ruling of the High Court of the Hong Kong Special Administrative Region Court of First Instance dated 24 November 2016

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

    Decision summary
    The court declined to rule on the Authority Summons or the application of section 70 of the International Business Companies Act 2000, adjourned the Authority Summons and Joinder Summons, and permitted New Squadron, Sean Nottage, and Squadron Holdings Limited to participate in the hearing of the TP2 Summonses and rely on evidence filed by Purported Squadron.

    4 months and 5 days later · 125 days

  5. 29 March 2017Hong Kong

    29 March 2017Hong Kong

    Third Ruling of the High Court of the Hong Kong Special Administrative Region Court of First Instance dated 29 March 2017

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

    Decision summary
    The court refused the defendants' application for leave to appeal.

    2 months and 14 days later · 75 days

  6. 12 June 2017Hong Kong

    12 June 2017Hong Kong

    Decision of Deputy Judge Le Pichon dated 12 June 2017

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

    Decision summary
    The court adjourned the TP2 Summonses, the defendants' summonses, and the Authority Summons pending determination by the courts of the Commonwealth of the Bahamas of the applicability of section 70 of the International Business Companies Act 2000. It refused the Joinder Summons because the Squadron parties lacked standing pending that determination and adjourned the defendants' Injunction Summons against TP2 pending resolution of the Writ Action.

    1 year, 7 months and 20 days later · 599 days

  7. 1 February 2019Hong Kong

    1 February 2019Hong Kong

    Decision of the High Court of the Hong Kong Special Administrative Region Court of First Instance in the case HCA 1399/2016 dated 1 February 2019

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

    Case no.
    HCA 1399/2016
    Citation
    [2019] HKCFI 288
    Decision summary
    The court held that New Squadron had capacity to appear and participate in the Payment Out Summons and Discharge Summons, and granted leave, if necessary, for it to rely on evidence filed by Purported Squadron. It adjourned the Payment Out Summons sine die with liberty to restore after final determination of the Agreed Sole Issue by the Bahamian courts, formally discharged the expired Injunction Order subject to no payment out of the sum until further order, granted leave to rely on Christopher J Jenkins's third affirmation, and adjourned Sean Nottage's application to file a fourth affirmation sine die.

    Supporting details

    4 authorities · 17 participants
    China Baoli Technologies Holdings Limited
    Representative
    But Sun Wai (For: China Baoli Technologies Holdings Limited)
    Representative
    Michael Li & Co (For: China Baoli Technologies Holdings Limited)
    Orient Equal International Group Limited
    Representative
    Barrie Barlow SC (For: Orient Equal International Group Limited · Huang Dongpo · Hong Kong Zhong Qing Development Co Limited)
    Representative
    Justin Lam (For: Orient Equal International Group Limited · Huang Dongpo · Hong Kong Zhong Qing Development Co Limited)
    Representative
    K & L Gates (For: Orient Equal International Group Limited · Huang Dongpo · Hong Kong Zhong Qing Development Co Limited)
    Huang Dongpo
    Representative
    Barrie Barlow SC (For: Orient Equal International Group Limited · Huang Dongpo · Hong Kong Zhong Qing Development Co Limited)
    Representative
    Justin Lam (For: Orient Equal International Group Limited · Huang Dongpo · Hong Kong Zhong Qing Development Co Limited)
    Representative
    K & L Gates (For: Orient Equal International Group Limited · Huang Dongpo · Hong Kong Zhong Qing Development Co Limited)
    Hong Kong Zhong Qing Development Co Limited
    Representative
    Barrie Barlow SC (For: Orient Equal International Group Limited · Huang Dongpo · Hong Kong Zhong Qing Development Co Limited)
    Representative
    Justin Lam (For: Orient Equal International Group Limited · Huang Dongpo · Hong Kong Zhong Qing Development Co Limited)
    Representative
    K & L Gates (For: Orient Equal International Group Limited · Huang Dongpo · Hong Kong Zhong Qing Development Co Limited)
    Lantau Holdings Limited
    Squadron Holdings SPV0164HK, Ltd
    Representative
    William Wong SC (For: Squadron Holdings SPV0164HK, Ltd)
    Representative
    Michael Ng (For: Squadron Holdings SPV0164HK, Ltd)
    Representative
    Oldham Li & Nie (For: Squadron Holdings SPV0164HK, Ltd)
    SVK Capital Management
    Wang Ling (James Wang)
    High Court of the Hong Kong Special Administrative Region Court of First Instance

    Authorities cited

    4
    • Bahamas International Business Companies Act 2000 (International Business Companies Act 2000)
      statute
    • Leader Honour Ltd v Fanling Property Co Ltd (DCCJ 3219 & 5342/2005, 28 April 2016)
      case-law
    • Dynasty Line Limited (Provisional Liquidators Appointed) v Sukamto Sia and Lee Howe Young (FAMV 38/2009, 26 November 2009)
      case-law
    • Gee on Commercial Injunctions, 6th edition (2016)
      academic

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China Baoli Technologies Holdings Limited v Orient Equal International Group Limited and others (High Court of Hong Kong HCA 1399/2016) · Matter