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THE FOREIGN JUDGMENT FOR THAT PURPOSE. A FURTHER POSSIBILITY,
AND ONE WHICH MAY BE UNJUST TO ONE OF THE PARTIES TO THE
DISPUTE, IS TO COMMENCE FRESH LEGAL PROCEEDINGS IN HONG KONG
FOR THE PURPOSE OF OBTAINING A SEPARATE HONG KONG JUDGMENT.
WHERE A CREDITOR COMES TO THE COURTS OF HONG KONG
RELYING UPON A JUDGMENT OBTAINED IN A FOREIGN COURT, THE
COURTS HERE ARE BOUND TO RECOGNISE THAT JUDGMENT IF THE
DEBTOR APPEARED IN THAT FOREIGN COURT, WHERE HE APPEARED TO MAKE
OUT HIS DEFENCE AND FAILED, THAT IS CLEARLY RIGHT, BUT VERY OFTEN
THE DEBTOR APPEARED IN THE FOREIGN COURT ONLY TO PERSUADE THEM IT
NOT TO ENTERTAIN THE CLAIM AGAINST HIM BECAUSE, FOR EXAMPLE,
THE DISPUTE OUGHT TO HAVE BEEN REFERRED TO ARBITRATION UNDER A
BINDING ARBITRATION SUBMISSION.
THIS BILL RELAXES THE LAWS
OF HONG KONG TO DEAL WITH THAT CASE. IF THAT WAS THE PURPOSE
OF THE DEBTOR'S APPEARANCE IN THE FOREIGN COURT AND HE RAISED
NO CLAIM HIMSELF, THE FOREIGN JUDGMENT WILL NOT NOW BE RECOGNISED
OR ENFORCED IN HONG KONG. IF HONG KONG IS TO BE SEEN AS AN
IMPORTANT INTERNATIONAL CENTRE FOR ARBITRATIONS, THEN IT IS
/ CLEARLY
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