Background:
Crystal Currency Exchange Inc. accused Dan Qing Wang (also known as Lisa Wang) of misappropriating over 23 million RMB by diverting company funds to her personal accounts. The plaintiff sought a declaration that Wang held the funds in trust, disgorgement of profits, and tracing orders to recover the funds.

Legal Issues:
The court considered whether Wang should disclose financial and tax records, including from Chinese accounts, and whether document production should extend beyond the alleged period of misappropriation. Challenges in enforcing orders against foreign institutions were also reviewed.

Key Findings:
A forensic report provided strong evidence of unauthorized transactions by Wang. Her repayment of one transaction, resignation, and relocation to China supported the claims. The court ruled under Rule 7-1(11) of the Supreme Court Civil Rules that Wang must produce the requested records.

Remedies Ordered:
The court upheld the Mareva injunction, freezing Wang’s assets, and required her to disclose financial records, including those held in China. Conditions for modifying the order were set in case of difficulties accessing the records. The plaintiff’s application succeeded, advancing its efforts to recover the misappropriated 23 million RMB.