Arbitral Digest

Matter

Gao Haiyan and Xie Heping v Keeneye Holdings Limited and Others; Ma Maogen v Gao Haiyan and Xie Heping (HCA 1315/2009 and HCA 466/2012)

Xi’an arbitration over share-transfer agreements linked to a coal mine, with Hong Kong litigation involving Gao, Xie and the Keeneye group over the shares.

  • International commercial arbitration
  • Cross-border litigation

Procedural record

  1. 3 June 2010Arbitration

    3 June 2010Arbitration

    Xian Arbitration Commission award dated 3 June 2010

    Xian Arbitration Commission

    Decision summary
    The award set aside the Keeneye Agreements on the grounds that they were manifestly unfair and were entered into by exploiting a party's precarious position.

    Participants

    Gao Haiyan
    Xie Heping
    Liu
    Zhang
    Xian Arbitration Commission

    6 years, 2 months and 8 days later · 2261 days

  2. 11 August 2016Hong Kong

    11 August 2016Hong Kong

    Judgment of the High Court of the Hong Kong Special Administrative Region, Court of First Instance in HCA 1315/2009 and HCA 466/2012 dated 11 August 2016

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

    Case no.
    HCA 1315/2009 and HCA 466/2012
    Decision summary
    The Court dismissed Ma Maogen's claim in HCA 466/2012, finding that the alleged oral agreements and proposed resale had not been proved. It entered judgment for Gao Haiyan and Xie Heping on their counterclaim, held that Ma had repudiated the share transfer agreements, and granted the remedies sought in HCA 1315/2009, including recovery of the Bai Jun shares, damages, interest, and costs.

    Participants

    Gao Haiyan
    Expert
    Professor Cao (For: Gao Haiyan · Xie Heping)
    Xie Heping
    Expert
    Professor Cao (For: Gao Haiyan · Xie Heping)
    Keeneye Holdings Limited
    New Purple Golden Resources Development Limited
    Lu Ying
    Wang Li
    Bai Jun Tian Cheng Limited
    Daynew Assets Management Limited
    Far Orient Holdings Limited
    Ma Maogen
    Expert
    Mr Yin (For: Ma Maogen)
    High Court of the Hong Kong Special Administrative Region, Court of First Instance
    Judge
    Anthony To
    Other
    Witness
    Chow Cheuk Lap

Matter record

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Gao Haiyan and Xie Heping v Keeneye Holdings Limited and Others; Ma Maogen v Gao Haiyan and Xie Heping (HCA 1315/2009 and HCA 466/2012) · Matter