TROOPS wins stay of execution on HK$404.8 million Hong Kong judgment pending 2027 appeal hearing
TROO•Appeal and related Cayman proceeding
Appeal filed July 21, 2025; the Hong Kong Court of Appeal set a hearing for Feb. 24-26, 2027.
The Cayman Islands winding-up petition tied to the dispute remains adjourned under prior consent orders.
Stay of execution granted pending appeal
TROOPS faces a Hong Kong High Court judgment in HCA 938/2022, with joint and several liabilities of HK$163.4 million and HK$241.4 million.
The stay of execution remains in force pending the appeal, blocking enforcement of the judgment.
