The High Court has restored a worldwide freezing order over the assets of Chinese billionaire Huang Xiangmo as he continues to battle the Australian Tax Office over a $140 million tax debt.
The court said concerns over whether the order was enforceable in China and Hong Kong were irrelevant as it overturned the decision of the Full Federal Court and sided with the ATO.
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Michael Pelly is the legal editor, based in our Sydney newsroom. He has been a senior adviser to federal and state attorneys-general and written two books, one a biography of former High Court Chief Justice Murray Gleeson. Email Michael at michael.pelly@afr.com
