Matter

Hyroute Communication Group Limited v Industrial and Commercial Bank of China (Asia) Limited

Case no.: HKIAC/A24334
Seat: Hong Kong
Substantive governing law: Hong Kong law

1 August 2025Hong Kong
1 August 2025Hong Kong
Decision of the High Court of Hong Kong in the case HCCT 155/2024 dated 1 August 2025
High Court of Hong Kong
Case no.
HCCT 155/2024
Citation
[2025] HKCFI 2417
Decision summary
The Court dismissed Hyroute Communication Group Limited’s originating summons and summons seeking an anti-suit injunction to restrain Industrial and Commercial Bank of China (Asia) Limited from presenting Cayman Islands winding-up proceedings. It held that the intended Cayman proceedings would not finally resolve the parties’ dispute under the term facility agreement’s arbitration clause and that Hyroute’s underlying defence was hopeless and frivolous; costs were ordered nisi in the bank’s favour.
Supporting details
53 authorities · 10 participants
Hyroute Communication Group Limited
Representative
José-Antonio Maurellet SC (For: Hyroute Communication Group Limited)
Representative
Catrina Lam (For: Hyroute Communication Group Limited)
Representative
Lim Han Sheng (For: Hyroute Communication Group Limited)
Representative
Haiwen & Partners LLP (For: Hyroute Communication Group Limited)
Industrial and Commercial Bank of China (Asia) Limited
Representative
Laurence Li SC (For: Industrial and Commercial Bank of China (Asia) Limited)
Representative
Sik Chee Ching (For: Industrial and Commercial Bank of China (Asia) Limited)
Representative
DLA Piper Hong Kong (For: Industrial and Commercial Bank of China (Asia) Limited)
High Court of Hong Kong
Judge
William Wong SC
Authorities cited
53
- Hong Kong Arbitration Ordinance (Arbitration Ordinance (Cap 609))
  statute
- Hong Kong High Court Ordinance (High Court Ordinance (Cap 4))
  statute
- Hong Kong Rules of the High Court (Rules of the High Court (Cap 4A))
  statute
- Cayman Islands Companies Act
  statute
- Cayman Islands Foreign Arbitral Awards Enforcement Act
  statute
- Giorgio Armani SpA v Elan Clothes Co Ltd ([2019] 2 HKLRD 313)
  case-law
- Ever Judger Holding Co Ltd v Kroman Celik Sanayii Anonim Sirketi ([2015] 2 HKLRD 866)
  case-law
- The Angelic Grace ([1995] 1 Lloyds Rep 87)
  case-law
- Donohue v Armco Inc ([2002] CLC 440)
  case-law
- Bank A v Bank B ([2024] 5 HKLRD 250)
  case-law
- Riverrock Securities Ltd v International Bank of St Petersburg JSC ([2020] 2 CLC 547)
  case-law
- Tai Hing Cotton Mill Ltd v Glencore Grain Rotterdam BV (CACV 143/1995, 24 November 1995)
  case-law
- Getwick Engineers Ltd v Pilecon Engineering Ltd (HCA 558/2002, 28 August 2002)
  case-law
- X v ZPRC ([2020] HKCFI 631)
  case-law
- Tyson International Company Limited v Partner Reinsurance Europe SE ([2023] EWHC 3243 (Comm))
  case-law
- Catlin Syndicate Ltd v Amec Foster Wheeler USA Corp ([2021] 2 CLC 15)
  case-law
- Youell v Kara Mara Shipping Co Ltd ([2000] CLC 1058)
  case-law
- Akai Pty Ltd v People's Insurance Co Ltd ([1997] CLC 1508)
  case-law
- Linde GmbH v Ruschemalliance LLC ([2023] HKCFI 2409)
  case-law
- Re Asia Master Logistics Ltd ([2020] 2 HKLRD 423)
  case-law
- Re Lam Kwok Hung Guy ([2022] 4 HKLRD 793)
  case-law
- AnAn Group (Singapore) Pte Ltd v VTB Bank (Public Joint Stock Co) ([2020] SGCA 33)
  case-law
- Re Mega Gold ([2024] 4 HKLRD 583)
  case-law
- Re Guy Lam ((2023) 26 HKCFAR 119)
  case-law
- Sian Participation Corp v Halimeda International ([2024] UKPC 16)
  case-law
- The Kallang (No 2) ([2009] 1 Lloyd's Rep 124)
  case-law
- Vita Food Products Inc v Unus Shipping Co Ltd ([1939] AC 277)
  case-law
- Ralli Bros. v Compania Naviera Sota y Aznar ([1920] 2 K.B. 287)
  case-law
- Carl Zeiss Stiftung v Rayner & Keeler Ltd (No 2) ([1967] 1 AC 853)
  case-law
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  case-law
- Bank of China Ltd v Yang Fan ([2016] 3 HKLRD 7)
  case-law
- Hong Jing v Zhuhai Kwok Yuen Investment ([2013] 1 HKLRD 441)
  case-law
- Lazard Bros. & Co. v Midland Bank Ltd. ([1933] AC 289)
  case-law
- El-Ajou v Dollar Land Holdings Plc (No. 1) ([1993] 3 All E.R. 717)
  case-law
- MCC Proceeds Inc. v Bishopsgate Investment Trust Plc & Ors. ([1999] CLC 417)
  case-law
- Perry v Lopag Trust Reg No.2 (Cayman Islands) ([2023] 1 WLR 3494)
  case-law
- Shenzhen Development Bank v New Century Holdings (HCA 2976/2001, 31 July 2002)
  case-law
- Earl Nelson v Lord Bridport ((1845) 50 ER 207)
  case-law
- FS Cairo (Nile Plaza) LLC v Brownlie ([2022] AC 995)
  case-law
- Gol Linhas Aereas SA v Matlin Patterson Global Opportunities Partners ([2022] 2 All ER (Comm) 841)
  case-law
- Soriano v Forensic News LLC ([2022] QB 533)
  case-law
- Lim Yi Shenn v Wong Yuen Yee ([2012] 3 HKLRD 505)
  case-law
- Re BPGIC Holdings Ltd (FSD 248 of 2023)
  case-law
- Re Times Property Holdings Limited ([2011] (1) CILR 223)
  case-law
- In the matter of GFN Corporation Limited ([2009] CILR 650)
  case-law
- Re Grand State Investments Limited (FSD 11 of 2021 (RPJ))
  case-law
- Re Duet Real Estate Partners 1 LP (FSD 77 of 2011 (AJJ))
  case-law
- Re HQP Corporation (FSD 190 of 2021)
  case-law
- Sparkasse Bregenz Bank AG v Associated Capital Corp
  case-law
- Pioneer Freight Futures Co Ltd v Worldlink Shipping Ltd
  case-law
- Alexander Jacobus De Wet v Vascon Trading Limited (BVIHCV (COM) 2011/0129)
  case-law
- BST Properties v Reorg Apport Penzugyi RT
  case-law
- Re Simplicity & Vogue Retailing (HK) Co Ltd ([2024] 2 HKLRD 1064)
  case-law
Direct judgment

Hyroute Communication Group Limited

Industrial and Commercial Bank of China (Asia) Limited

High Court of Hong Kong