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Background:
Ningtao Zhang (also known as Bill Zhang) and his companies, Vling E-Business Ltd. and 1151152 B.C. Ltd., sued SkyChain Technologies Ltd. and its subsidiaries, alleging they loaned money to the defendants, which remained unpaid. Zhang was previously CEO and Director of SkyChain but was terminated in 2022. The plaintiffs obtained pre-judgment garnishing orders totaling $114,465.96, which SkyChain sought to set aside.
Legal Issues:
SkyChain argued the garnishing orders should be set aside because:
Decision & Amount Ordered:
The Supreme Court of British Columbia set aside the garnishing orders and ordered the return of $114,465.96 (previously garnished funds) plus accrued interest to SkyChain. The court found the plaintiffs’ evidence unclear and their delay unjustified. SkyChain was also awarded costs of the application, though not payable immediately.
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Plaintiff
Defendant
Court
Supreme Court of British ColumbiaCase Number
S222611Practice Area
Civil litigationAmount
Not specified/UnspecifiedWinner
DefendantTrial Start Date