[2025] HKCFA 14, PEKING UNIVERSITY FOUNDER GROUP COMPANY LIMITED (北大方正集團有限公司) V. NUOXI CAPITAL LIMITED (諾熙資本有限公司) (IN LIQUIDATION IN THE BRITISH VIRGIN ISLANDS) (and 2 others) - Judgment, Outcome & Holding

Practice Areas

Judges (5)

Allsop Coram Cheung Coram Fok Coram Lam Coram Ribeiro Coram

Counsel (8)

Freshfields Firm Howse Williams Firm Jasmine Cheung Counsel Appellant José-Antonio Maurellet Counsel Appellant Look Chan Ho Counsel Respondent Tom Ng Counsel Appellant Tommy Cheung Counsel Respondent William Wong Counsel Respondent

Parties (2)

Nuoxi Capital Limited(in Liquidation in the British Virgin Islands) Plaintiff Peking University Founder Group Company Limited Defendant

Summary

Peking University Founder Group Company Limited (北大方正集團有限公司) brought proceedings against Nuoxi Capital Limited (諾熙資本有限公司) in a cross-border financial dispute involving BVI liquidation proceedings. The case raised significant legal issues about corporate insolvency and cross-border enforcement. The Court of Final Appeal determined the application.

Cases Cited (10)

HK (10)

(2006) 9 HKCFAR 800 (2007) 10 HKCFAR 246 (2015) 18 HKCFAR 1 (2016) 19 HKCFAR 142 (2022) 25 HKCFAR 181 [2023] HKCFA 24 [2023] HKCFI 1350 [2024] HKCA 445 [2024] HKCFA 27 [2025] HKCFA 6