Arbitral Digest

Matter

HZ Capital International Limited v China Vocational Education Co., Ltd and Others (HKIAC/A13079)

Case no.
HKIAC/A13079
Applicable rules
UNCITRAL Arbitration Rules (as revised in 2010)
  1. 29 July 2016Arbitration

    29 July 2016Arbitration

    Arbitral Award dated 29 July 2016

    Hong Kong International Arbitration Centre

    Decision summary
    The tribunal rejected the claim that the US$6,000,000 investment sum was held on trust. Upon lawful rescission of the C2 Agreement for breaches by the respondents, it ordered the respondents to repay RMB 49,976,214.37 and to pay the applicant's arbitration costs of RMB 1,808,708.96.

    Supporting details

    25 participants
    HZ Capital International Limited
    China Vocational Education Co., Ltd.
    Beijing Runchang Co., Ltd.
    Beijing Rui He Limited
    Beijing Ruiming Co., Ltd.
    Beijing Ruichang Co., Ltd.
    Beijing Rui Hong Limited
    Beijing Rui Jing Limited
    Beijing Rui Kui Limited
    Beijing Wanrunpeng Technology Co., Ltd.
    Beijing Wanruifa Technology Co., Ltd.
    Beijing Wanruisheng Technology Co., Ltd.
    Tianjin Wanruifeng Technology Co., Ltd.
    Beijing Beike Haoyue Technology Co., Ltd.
    Beijing Vocational College of Science and Technology
    Harbin University of Commerce Guangsha College
    Xiamen Huatian Foreign-related Vocational and Technical College
    Zhou Ji-ting
    Zhou Mengkui
    Zheng Xianghong
    Chen Wenhe
    Li Jingbiao
    Hong Kong International Arbitration Centre
    Arbitrator
    Cao Lijun
    Arbitrator
    Elaine Liu
    Arbitrator
    Priscilla Leung

    6 months and 26 days later · 210 days

  2. 24 February 2017Hong Kong

    24 February 2017Hong Kong

    Order granting leave to enforce the arbitral award dated 24 February 2017

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

    Case no.
    HCCT 48/2016
    Decision summary
    The Court granted HZ Capital International Limited leave to enforce the 29 July 2016 arbitral award as a judgment.

    Supporting details

    6 participants
    HZ Capital International Limited
    Beijing Ruichang Co., Ltd.
    Beijing Rui Hong Limited
    Beijing Rui Jing Limited
    Beijing Rui Kui Limited
    High Court of the Hong Kong Special Administrative Region Court of First Instance

    2 years, 9 months and 3 days later · 1006 days

  3. 27 November 2019Hong Kong

    27 November 2019Hong Kong

    Decision of the High Court of the Hong Kong Special Administrative Region Court of First Instance in the case HCCT 48/2016 dated 27 November 2019

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

    Case no.
    HCCT 48/2016
    Citation
    [2019] HKCFI 2705
    Decision summary
    The Court dismissed the fifth to eighth respondents' summons to set aside the order granting leave to enforce the 29 July 2016 Award as a judgment. It held that the respondents had waived, or alternatively varied, the contractual mandatory negotiation tier and that the tribunal's refusal to admit late-disclosed emails did not constitute a serious irregularity causing substantial prejudice.

    Supporting details

    18 authorities · 30 participants
    HZ Capital International Limited
    Representative
    Raymond Fong (For: HZ Capital International Limited)
    Representative
    Lawrence Cheung (For: HZ Capital International Limited)
    China Vocational Education Co., Ltd.
    Beijing Runchang Co., Ltd.
    Beijing Rui He Limited
    Beijing Ruiming Co., Ltd.
    Beijing Ruichang Co., Ltd.
    Representative
    Ernest Ng (For: Beijing Ruichang Co., Ltd. · Beijing Rui Hong Limited · Beijing Rui Jing Limited · Beijing Rui Kui Limited)
    Representative
    Mike Yeung (For: Beijing Ruichang Co., Ltd. · Beijing Rui Hong Limited · Beijing Rui Jing Limited · Beijing Rui Kui Limited)
    Representative
    Fan Wong & Tso (For: Beijing Ruichang Co., Ltd. · Beijing Rui Hong Limited · Beijing Rui Jing Limited · Beijing Rui Kui Limited)
    Beijing Rui Hong Limited
    Representative
    Ernest Ng (For: Beijing Ruichang Co., Ltd. · Beijing Rui Hong Limited · Beijing Rui Jing Limited · Beijing Rui Kui Limited)
    Representative
    Mike Yeung (For: Beijing Ruichang Co., Ltd. · Beijing Rui Hong Limited · Beijing Rui Jing Limited · Beijing Rui Kui Limited)
    Representative
    Fan Wong & Tso (For: Beijing Ruichang Co., Ltd. · Beijing Rui Hong Limited · Beijing Rui Jing Limited · Beijing Rui Kui Limited)
    Beijing Rui Jing Limited
    Representative
    Ernest Ng (For: Beijing Ruichang Co., Ltd. · Beijing Rui Hong Limited · Beijing Rui Jing Limited · Beijing Rui Kui Limited)
    Representative
    Mike Yeung (For: Beijing Ruichang Co., Ltd. · Beijing Rui Hong Limited · Beijing Rui Jing Limited · Beijing Rui Kui Limited)
    Representative
    Fan Wong & Tso (For: Beijing Ruichang Co., Ltd. · Beijing Rui Hong Limited · Beijing Rui Jing Limited · Beijing Rui Kui Limited)
    Beijing Rui Kui Limited
    Representative
    Ernest Ng (For: Beijing Ruichang Co., Ltd. · Beijing Rui Hong Limited · Beijing Rui Jing Limited · Beijing Rui Kui Limited)
    Representative
    Mike Yeung (For: Beijing Ruichang Co., Ltd. · Beijing Rui Hong Limited · Beijing Rui Jing Limited · Beijing Rui Kui Limited)
    Representative
    Fan Wong & Tso (For: Beijing Ruichang Co., Ltd. · Beijing Rui Hong Limited · Beijing Rui Jing Limited · Beijing Rui Kui Limited)
    Beijing Wanrunpeng Technology Co., Ltd.
    Beijing Wanruifa Technology Co., Ltd.
    Beijing Wanruisheng Technology Co., Ltd.
    Tianjin Wanruifeng Technology Co., Ltd.
    Beijing Beike Haoyue Technology Co., Ltd.
    Beijing Vocational College of Science and Technology
    Harbin University of Commerce Guangsha College
    Xiamen Huatian Foreign-related Vocational and Technical College
    Zhou Ji-ting
    Zhou Mengkui
    Zheng Xianghong
    Chen Wenhe
    Li Jingbiao
    High Court of the Hong Kong Special Administrative Region Court of First Instance
    Other

    Authorities cited

    18
    • Hong Kong Arbitration Ordinance (Cap 609) (Arbitration Ordinance (Cap 609))
      statute
    • Hong Kong Rules of the High Court (Cap 4A) (Rules of the High Court (Cap 4A))
      statute
    • Astro Nusantara International BV v PT Ayunda Prima Mitra ([2018] HKCFA 12)
      case-law
    • PT First Media TBK v Astro Nusantara International BV ([2014] 1 SLR 372)
      case-law
    • Carrier Hong Kong Ltd v Dickson Construction Co Ltd ([2005] 4 HKC 142)
      case-law
    • S Co v B Co ([2014] 6 HKC 421)
      case-law
    • PT Tugu Pratama Indonesia v Magma Nusantara Ltd ([2014] 4 SLR (R) 257)
      case-law
    • International Research v Lufthansa ([2013] 1 Lloyd's Rep 24)
      case-law
    • Emirates Trading Agency LLC v Prime Mineral Exports Pte Ltd ([2015] 1 WLR 1145)
      case-law
    • United Group Rail Services Ltd v Rail Corp New South Wales ((2009) 127 Con LR 202)
      case-law
    • HSBC Institutional Trust Services Ltd v Toshin Development Singapore Pte Ltd ([2012] 4 SLR 378)
      case-law
    • Jurisdiction and Arbitration Agreements and their Enforcement (David Joseph QC, Jurisdiction and Arbitration Agreements and their Enforcement (3rd ed))
      academic
    • Maeda Kensetsu Kogyo Kabushiki Kaisha v Bauer Hong Kong Ltd ([2019] HKCFI 1006)
      case-law
    • Grindrod Shipping Pte Ltd v Hyundai Merchant Marine Co Ltd ([2018] EWHC 1284 (Comm))
      case-law
    • Terna Bahrain Holding Co WLL v Bin Kamil Al Shamsi ([2013] 1 Lloyd's Rep 86)
      case-law
    • Reliance Industries Ltd v The Union of India ([2018] EWHC 822 (Comm))
      case-law
    • P v M ([2018] HKCFI 2280)
      case-law
    • Grand Pacific Holdings Ltd v Pacific China Holdings Ltd (in liquidation) (No 1) ([2012] 4 HKLRD 1)
      case-law

    7 months and 13 days later · 226 days

  4. 10 July 2020Hong Kong

    10 July 2020Hong Kong

    Decision of the High Court of the Hong Kong Special Administrative Region Court of First Instance in the case HCCT 48/2016 dated 10 July 2020

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

    Case no.
    HCCT 48/2016
    Citation
    [2020] HKCFI 1507
    Decision summary
    The Court dismissed the fifth to eighth respondents' application for leave to appeal against the 27 November 2019 decision and dismissed their application for a stay of execution. It found no reasonable prospect of success in the proposed grounds concerning waiver or variation of the mandatory negotiation tier, alleged deceit and serious procedural irregularity.

    Supporting details

    6 authorities · 27 participants
    HZ Capital International Limited
    Representative
    Kelvin Cheung & Co (For: HZ Capital International Limited)
    China Vocational Education Co., Ltd.
    Beijing Runchang Co., Ltd.
    Beijing Rui He Limited
    Beijing Ruiming Co., Ltd.
    Beijing Ruichang Co., Ltd.
    Representative
    Ernest Ng (For: Beijing Ruichang Co., Ltd. · Beijing Rui Hong Limited · Beijing Rui Jing Limited · Beijing Rui Kui Limited)
    Representative
    Mike Yeung (For: Beijing Ruichang Co., Ltd. · Beijing Rui Hong Limited · Beijing Rui Jing Limited · Beijing Rui Kui Limited)
    Representative
    Fan Wong & Tso (For: Beijing Ruichang Co., Ltd. · Beijing Rui Hong Limited · Beijing Rui Jing Limited · Beijing Rui Kui Limited)
    Beijing Rui Hong Limited
    Representative
    Ernest Ng (For: Beijing Ruichang Co., Ltd. · Beijing Rui Hong Limited · Beijing Rui Jing Limited · Beijing Rui Kui Limited)
    Representative
    Mike Yeung (For: Beijing Ruichang Co., Ltd. · Beijing Rui Hong Limited · Beijing Rui Jing Limited · Beijing Rui Kui Limited)
    Representative
    Fan Wong & Tso (For: Beijing Ruichang Co., Ltd. · Beijing Rui Hong Limited · Beijing Rui Jing Limited · Beijing Rui Kui Limited)
    Beijing Rui Jing Limited
    Representative
    Ernest Ng (For: Beijing Ruichang Co., Ltd. · Beijing Rui Hong Limited · Beijing Rui Jing Limited · Beijing Rui Kui Limited)
    Representative
    Mike Yeung (For: Beijing Ruichang Co., Ltd. · Beijing Rui Hong Limited · Beijing Rui Jing Limited · Beijing Rui Kui Limited)
    Representative
    Fan Wong & Tso (For: Beijing Ruichang Co., Ltd. · Beijing Rui Hong Limited · Beijing Rui Jing Limited · Beijing Rui Kui Limited)
    Beijing Rui Kui Limited
    Representative
    Ernest Ng (For: Beijing Ruichang Co., Ltd. · Beijing Rui Hong Limited · Beijing Rui Jing Limited · Beijing Rui Kui Limited)
    Representative
    Mike Yeung (For: Beijing Ruichang Co., Ltd. · Beijing Rui Hong Limited · Beijing Rui Jing Limited · Beijing Rui Kui Limited)
    Representative
    Fan Wong & Tso (For: Beijing Ruichang Co., Ltd. · Beijing Rui Hong Limited · Beijing Rui Jing Limited · Beijing Rui Kui Limited)
    Beijing Wanrunpeng Technology Co., Ltd.
    Beijing Wanruifa Technology Co., Ltd.
    Beijing Wanruisheng Technology Co., Ltd.
    Tianjin Wanruifeng Technology Co., Ltd.
    Beijing Beike Haoyue Technology Co., Ltd.
    Beijing Vocational College of Science and Technology
    Harbin University of Commerce Guangsha College
    Xiamen Huatian Foreign-related Vocational and Technical College
    Zhou Ji-ting
    Zhou Mengkui
    Zheng Xianghong
    Chen Wenhe
    Li Jingbiao
    High Court of the Hong Kong Special Administrative Region Court of First Instance

    Authorities cited

    6
    • Hong Kong Arbitration Ordinance (Cap 609) (Arbitration Ordinance (Cap 609))
      statute
    • Hong Kong Rules of the High Court (Cap 4A) (Rules of the High Court (Cap 4A))
      statute
    • SMSE v KL ([2009] 4 HKLRD 125)
      case-law
    • Hadmor Production v Hamilton ([1983] AC 191)
      case-law
    • Chow Kam Fa ex p Rambas Marketing Co LLC ([2004] 1 HKLRD 161)
      case-law
    • Charles Richards Ltd v Oppenheim ([1950] 1 KB 616)
      case-law

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HZ Capital International Limited v China Vocational Education Co., Ltd and Others (HKIAC/A13079) · Matter