What’s at stake: An alleged US$32m claimed by a Hong Kong company against a New Zealand resident.
Background: The company claims Xiangming Zhan made an agreement in 2002 but then left China, with the company only learning he had relocated to NZ in mid-2021.
Main players: Justice Mary Peters, Xiangming Zhan, Hongjun Yang, Gracewood International, the Rose Garden apartment block in Albany, Auckland.
A person being chased in New Zealand by a Hong Kong petroleum product distributor for US$32 million has failed in their bid to have a local freezing order overturned.
Earlier this year, Justice Mary Peters granted a freezing order against Xiangming Zhan following a hearing in the High Court at
Want to read more? It's easy.
Choose your best value subscription option
Student
Exclusive FREE offer for uni students studying at a New Zealand university (valued at $499).
Sign up to get the latest stories and insights delivered to your inbox – free, every day.
Key points
What’s at stake: An alleged US$32m claimed by a Hong Kong company against a New Zealand resident.
Background: The company claims Xiangming Zhan made an agreement in 2002 but then left China, with the company only learning he had relocated to NZ in mid-2021.
Main players: Justice Mary Peters, Xiangming Zhan, Hongjun Yang, Gracewood International, the Rose Garden apartment block in Albany, Auckland.
