Searching Content from Hong Kong indexed under Insolvency/Bankruptcy ordered by Published Date Descending.
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Grave Offences – Sale Of Cemetery Sites By Bankrupt Individual Is A Transfer At Undervalue With Intent To Defraud Creditors
In Yeung Lui Ming v Tang Mo Lin Irene [2019] HKCFI 1848, the Hong Kong Court of First Instance set aside a sale of cemetery sites and a transfer of shares by a bankrupt individual on the basis that they constituted...
Hong Kong
13 Aug 2019
Arrangement On Reciprocal Recognition And Enforcement Of Judgments In Civil And Commercial Matters
On 18 January 2019, Hong Kong and the Mainland signed the Arrangement on Reciprocal Recognition and Enforcement of Judgments in Civil and Commercial Matters.
Hong Kong
4 Apr 2019
No Use Lashing Out Over Unpaid Debts – Cosmetics Distribution Company Avoids Winding Up Order Despite Failing To Establish Bona Fide Defence
In Swiss Cosmeceutics (Asia) Ltd [2019] HKCFI 336, Mr Justice Harris of the Hong Kong Court of First Instance declined to wind up a company despite it failing to establish a bona fide defence
Hong Kong
3 Apr 2019
CW Advanced Technologies Limited – Recognition Issues Considered
In the recent case Re CW Advanced Technologies Limited,1 the Hong Kong court took the opportunity, albeit only obiter dicta, to raise and briefly comment ...
Hong Kong
24 Aug 2018
Winding-Up Petitions And Arbitration Agreements
In a recently reported judgment, Re Southwest Pacific Bauxite (HK) Ltd. [2018] HKCFI 426, the Companies Court has brought Hong Kong law into alignment with Singapore and England ...
Hong Kong
10 Aug 2018
In The Matter Of CW Advanced Technologies Limited – An Intriguing Decision In Hong Kong Concerning Cross-Border Insolvencies And Restructurings And The New Singaporean Restructuring Regime
The High Court of Hong Kong has handed down an intriguing insolvency and restructuring decision which reaffirms the Hong Kong court's pragmatic approach to cross-border restructuring.
Hong Kong
3 Aug 2018
Top Challenges Of Doing Business In Hong Kong
Hong Kong is an established business hub strategically centred in the heart of Asia, but navigating the complex tax, legal and regulatory hurdles can be difficult without local help on board.
Hong Kong
26 Mar 2018
Cross Border Restructuring In Hong Kong Aided By Common Law Judicial Assistance To Foreign Liquidators
This is the first Hong Kong decision where a foreign scheme of arrangement was sanctioned by the Hong Kong Court following a letter of request from a foreign Court.
Hong Kong
11 Jan 2018
Appointment Strengthens Carey Olsen's Hong Kong Offering
Carey Olsen has strengthened its dispute resolution and insolvency practice in Hong Kong with the appointment of Chinese and common law qualified lawyer Yang Yang.
Hong Kong
10 Jan 2018
Bypassing Legend
In a first in Hong Kong, the Companies Court has recently sanctioned a creditors' scheme of arrangement proposed by a Bermuda-incorporated...
Hong Kong
9 Nov 2017
Hong Kong's Insolvency Regime: A Time Of Change
Earlier this year, Hong Kong's insolvency regime turned a corner with the coming into effect of much needed amendments to its corporate insolvency statute, the Companies Ordinance.
Hong Kong
27 Sep 2017
Why A Hanjin Fleet Came To Hong Kong
The demise of Korea's Hanjin Shipping Co. Ltd. was the largest bankruptcy of a container line in history, and earlier this year it resulted in the biggest ever court sale of ships in Hong Kong...
Hong Kong
7 Sep 2017
Hong Kong Insolvency Law Update: A Happy Sequel To The Legendary Legend Authority
Experienced insolvency practitioners in Hong Kong are all familiar with Hong Kong Court of Appeal's decision of 1 March 2006 in the liquidation of Legend International Resorts Limited.
Hong Kong
21 Mar 2017
Hanjin Shipping - Current Jurisdictional Status And Options - Hong Kong
Hong Kong has not adopted into domestic legislation the UNCITRAL Model Law on Cross Border Insolvency.
Hong Kong
7 Oct 2016
Standard Form Order For Production Of Documents To Foreign Liquidator
The Honourable Mr Justice Harris, the incumbent Companies Judge, has continued the recent development of cross-border assistance in insolvency matters.
Hong Kong
20 Sep 2016
P&I Priority Over A Ship Mortgage: Meet The New Crew Claimants
Amendments to the Maritime Labour Convention designed to address crew abandonment will shortly come into force.
Hong Kong
9 Sep 2016
Recognition Of Liquidator Not Appointed In Place Of Incorporation
A key factor contributing to the vitality and development of the common law is that judges can have the benefit of authorities from other jurisdictions with a comparable legal framework.
Hong Kong
19 Aug 2016
Innovative Cut-Off Scheme Accelerates Lehman Liquidation
Did you know that a scheme of arrangement can be used to reduce the creditor constituency in a liquidation, so that time and costs can be saved for the benefit of all parties?
Hong Kong
18 Jul 2016
New Bankruptcy Court-Supervised Business Rehabilitation Scheme For SMEs Introduced
Thailand's amended Bankruptcy Act (No. 9) B.E. 2559 (2016) (the "Amendment") was published in the Royal Thai Government Gazette on 24 May 2016 and came into force on 25 May 2016.
11 Jul 2016
Cross-Border Insolvency: Guidance From The Companies Judge
The last two years have seen a number of foreign incorporated companies generating court decisions in Hong Kong that provide timely and important guidance in windings-up with cross-border issues.
Hong Kong
8 Feb 2016
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