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What is Hong Kong Court Ruling on BOC and China Medical Technologies about?

The document summarizes a court case between China Medical Technologies, Inc. (in liquidation) and Bank of China (Hong Kong) Limited. The liquidators of China Medical Technologies issued a writ of summons against the bank to preserve potential claims regarding fraudulent transfers totaling US$355.5 million to Supreme Well Investments Limited. The liquidators applied to extend the validity of the writ by 12 months as investigations were ongoing. A Master granted the extension but the bank sought to set it as

Author

pschil

Language

EN