Arbitral Digest

Matter

China Evergrande Group v Triumph ROC International Ltd

Case no.
HKIAC/A22258
  1. 16 September 2022Arbitration

    16 September 2022Arbitration

    Emergency arbitrator decision dated 16 September 2022

    Hong Kong International Arbitration Centre

    Decision summary
    The Emergency Arbitrator dismissed Triumph ROC International Ltd's application for emergency relief.

    Supporting details

    2 participants
    China Evergrande Group
    Triumph ROC International Ltd
    Hong Kong International Arbitration Centre

    1 year and 9 days later · 374 days

  2. 25 September 2023Hong Kong

    25 September 2023Hong Kong

    Reasons for Decision of the High Court of Hong Kong in the case HCMP 1284/2022 dated 25 September 2023

    High Court of Hong Kong

    Case no.
    HCMP 1284/2022
    Citation
    [2023] HKCFI 2432
    Decision summary
    The court granted China Evergrande Group's application under sections 181 and 329 of the Companies (Winding Up and Miscellaneous Provisions) Ordinance to restrain Triumph ROC International Ltd from taking any further step in arbitration HKIAC/A22258 until resolution of the specified winding-up proceedings or further order. It made no order on the security for costs application except for costs payable by China Evergrande Group, ordered the costs of the restraint application to be paid by China Evergrande Group, and granted liberty to apply.

    Supporting details

    12 authorities · 10 participants
    Application
    Restraint Summons — Allowed; Triumph ROC International Ltd was restrained from taking any further step in the arbitration until resolution of the specified winding-up proceedings or further order.
    Application
    Security Summons — No order, except that costs occasioned by the summons were payable by China Evergrande Group.
    China Evergrande Group
    Representative
    Jose Maurellet SC (For: China Evergrande Group)
    Representative
    Look Chan Ho (For: China Evergrande Group)
    Representative
    Sidley Austin (For: China Evergrande Group)
    Triumph ROC International Ltd
    Representative
    Alan Kwong (For: Triumph ROC International Ltd)
    Representative
    Sakinah Sat (For: Triumph ROC International Ltd)
    Representative
    William KW Leung (For: Triumph ROC International Ltd)
    Representative
    William KW Leung & Co (For: Triumph ROC International Ltd)
    High Court of Hong Kong

    Authorities cited

    12
    • Hong Kong Companies (Winding Up and Miscellaneous Provisions) Ordinance (Cap 32)
      statute
    • Hong Kong Companies Winding Up Rules (Cap 32H)
      statute
    • Re UDL Contracting Ltd ([2000] 1 HKC 390)
      case
    • Re Paperback Collection ([2019] EWHC 2904 (Ch); [2020] BCC 574)
      case
    • Joint and Several Liquidators of B+B Construction Co Ltd v Ulrich Weinmann (HCCW 114/2001, 8 June 2004)
      case
    • Bowkett v Fullers United Electric Works Ltd ([1923] 1 KB 160)
      case
    • Get Nice (Union) Finance Company Limited v Luen Cheong Tai International Holdings Limited (HCA 1831/2002, 31 July 2002)
      case
    • Gardner v Lemma Europe Insurance Co Ltd ([2016] EWCA Civ 484)
      case
    • Attlee Investments Limited v Lee Chuen t/a Lee Chuen Furniture Co ([1983] 1 HKC 186)
      case
    • Chellic Industries Limited v Datacom Wire & Cable Co Ltd (HCA 11656/1999, 9 November 1999)
      case
    • Langley Constructions (Brixham) v Wells ([1969] 1 WLR 503)
      case
    • UK Companies Act 1929
      statute

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China Evergrande Group v Triumph ROC International Ltd · Matter