Matter
China Property Development (Holdings) Ltd v Mandecly Limited and Others
- 25 May 2010Arbitration
25 May 2010Arbitration
Final Partial Award
- Decision summary
- The tribunal held that the 6 March 2008 Jiangtai letter satisfied the deeming provision in clause 3.6.2(6) of the 20% Agreement and ordered China Property Development (Holdings) Ltd to pay RMB 10 million to the vendors and/or Chan. In the alternative, it declared that the respondents were entitled to be subrogated to Beijing Pacific City Real Estate Development Co Ltd's rights under the Huazhengshi Judgment to the extent of RMB 10 million.
Supporting details
6 participantsChina Property Development (Holdings) Ltd
Mandecly Limited
Tsoi Yuk Ming
Chan Tat Man
Beijing Minghuaxuan Investment Consulting Co Ltd
Beijing Pacific City Real Estate Development Co Ltd
5 years, 11 months and 29 days later · 2191 days
- 24 May 2016Hong Kong
24 May 2016Hong Kong
Judgment of the Court of Appeal of the High Court of the Hong Kong Special Administrative Region in Civil Appeal Nos. 92 and 93 of 2015 dated 24 May 2016
Court of Appeal of the High Court of the Hong Kong Special Administrative Region
- Decision summary
- The Court of Appeal dismissed the appeals and upheld the setting aside of the parts of the Final Partial Award that ordered China Property Development (Holdings) Ltd to pay RMB 10 million to the respondents. It held that the tribunal had decided beyond the submission to arbitration and denied CPDH an opportunity to present its case. The respondents retained a declaration that they were entitled to be subrogated to Beijing Pacific City Real Estate Development Co Ltd's rights under the Huazhengshi Judgment to the extent of RMB 10 million, and CPDH was awarded the costs of the appeals with a certificate for two counsel.
Supporting details
12 authorities · 17 participantsChina Property Development (Holdings) Ltd
- Representative
- Horace Wong SC (For: China Property Development (Holdings) Ltd)
- Representative
- Paul Mak (For: China Property Development (Holdings) Ltd)
- Representative
- Reed Smith Richards Butler (For: China Property Development (Holdings) Ltd)
Mandecly Limited
- Representative
- Bernard Mak (For: Mandecly Limited · Tsoi Yuk Ming · Chan Tat Man)
- Representative
- Dixon Co (For: Mandecly Limited · Tsoi Yuk Ming · Chan Tat Man)
- Representative
- W.K. To & Co. (For: Mandecly Limited)
Tsoi Yuk Ming
- Representative
- Bernard Mak (For: Mandecly Limited · Tsoi Yuk Ming · Chan Tat Man)
- Representative
- Dixon Co (For: Mandecly Limited · Tsoi Yuk Ming · Chan Tat Man)
- Representative
- Anthony Siu & Co (For: Tsoi Yuk Ming)
Chan Tat Man
- Representative
- Bernard Mak (For: Mandecly Limited · Tsoi Yuk Ming · Chan Tat Man)
- Representative
- Dixon Co (For: Mandecly Limited · Tsoi Yuk Ming · Chan Tat Man)
Beijing Minghuaxuan Investment Consulting Co Ltd
Beijing Pacific City Real Estate Development Co Ltd
- Representative
- King & Wood Mallesons (For: Beijing Pacific City Real Estate Development Co Ltd)
Court of Appeal of the High Court of the Hong Kong Special Administrative Region
- Judge
- Peter Cheung
- Judge
- Susan Kwan
- Judge
- Jeremy Poon