TW Recovery Limited and Others v Best Leader Precious Metals Limited and Others (Hong Kong Court of Appeal CACV 369/2023; [2026] HKCA 1736)

Procedural record

1. 29 September 2026Hong Kong

   29 September 2026Hong Kong

   Judgment of the Court of Appeal of the High Court of the Hong Kong Special Administrative Region in the case CACV 369/2023 dated 29 September 2026

   Court of Appeal of the High Court of the Hong Kong Special Administrative Region

   Case no.

   CACV 369/2023

   Citation

   [2026] HKCA 1736

   Decision summary

   The Court dismissed D8, D9 and D10's applications for leave to appeal to the Court of Final Appeal, holding that the proposed questions did not raise a question of great general or public importance; each applicant was ordered to pay the first plaintiff's costs of HK$90,000.

   Participants

   Application

   Eighth defendant's application for leave to appeal — Dismissed

   Application

   Ninth defendant's application for leave to appeal — Dismissed

   Application

   Tenth defendant's application for leave to appeal — Dismissed

   TW Recovery Limited

   Representative

   Eva Sit SC (For: TW Recovery Limited)

   Representative

   Jonathan Fung (For: TW Recovery Limited)

   Representative

   Withers (For: TW Recovery Limited)

   Tsai Lee Ting

   Lee Ping Chen

   Best Leader Precious Metals Limited

   Best Leader Markets Pty Limited (Australian company)

   Best Leader Markets Pty Limited (Hong Kong company)

   Best Leader Global Market NZ Limited

   Best Leader Global Strategy Limited

   Imperial Company Global Limited

   Over Easy Creation Limited

   Chan Ka Wo

   Representative

   Jat Sew-Tong SC (For: Chan Ka Wo)

   Representative

   Thomas Wong (For: Chan Ka Wo)

   Representative

   DLA Piper Hong Kong (For: Chan Ka Wo)

   Tsang Kai Hung

   Representative

   James Man (For: Tsang Kai Hung)

   Representative

   So, Lung & Associates (For: Tsang Kai Hung)

   Hung So Fong

   Representative

   Jonathan Kwan (For: Hung So Fong)

   Representative

   Ivan Suen (For: Hung So Fong)

   Representative

   Stevenson, Wong & Co (For: Hung So Fong)

   Imperial Company Pty Ltd

   Court of Appeal of the High Court of the Hong Kong Special Administrative Region

   Judge

   G Lam

   Judge

   Sir Brian Keith

   Authorities cited

   10

   • CSAV Group (Hong Kong) Ltd v Jamshed Safdar (2007) 10 HKCFAR 629
     case-law
   • Leung Ping Chiu Roy v Wai Wai Chen [2022] HKCA 1730
     case-law
   • Hong Kong Court of Final Appeal Ordinance (Cap 484)
     statute
   • Rules of the High Court (Hong Kong), Order 41 rule 11
     court rules
   • Practice Direction 10.1 (Hong Kong)
     court rules
   • Rules of the High Court (Hong Kong), Order 1A
     court rules
   • Flywin Co Ltd v Strong & Associates Ltd (2002) 5 HKCFAR 356
     case-law
   • Secretary for Justice v Timothy Wynn Owen KC (2022) 25 HKCFAR 288
     case-law
   • Re Qin Jun (No. 2) [2018] 5 HKLRD 562
     case-law
   • Law Society of Hong Kong v A Solicitor (CACV 78/2014, 10 July 2015)
     case-law