Hong Kong Court refuses to grant an anti-suit injunction to stay a winding-up petition where an arbitration agreement existed

The Hong Kong Court of First Instance has dismissed an application by a British Virgin Islands (BVI) company (C) for an interim anti-suit injunction against proceedings commenced by a Cayman Islands company (D) for the winding-up of the BVI company in the high court of the BVI.

C's application in C v. D [2020] HKCU 2374 was unsuccessful despite the fact that C had commenced arbitration proceedings against D in relation to D's allegation against C for failure to buy back shares of a Cayman Island company, H, which formed the basis of D's winding-up proceedings against C in the BVI courts.

Read More: Hong Kong Court refuses to grant an anti-suit injunction to stay a winding-up petition where an arbitration agreement existed


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