Hong Kong

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Hong Kong: Recognition of Foreign Officeholders in Hong Kong - African Minerals Case

The High Court of the Hong Kong Special Administrative Region, Court of First Instance, has handed down its judgment on the question of whether it could provide assistance in relation to insolvency proceedings currently underway in the English High Court ...

Resource Article - abi_admin - 07/03/2015 - 09:27 - 0 comments - 0 attachments

Corporate Insolvency In Mainland, Hong Kong Seen Rising This Year

Corporate insolvency is expected to rise this year in the mainland and Hong Kong, with an increasing number of companies struggling to protect margins from late payments by customers, the South China Morning Post reported. Even as the economy continu ...

Daily Headline - global.abi.org - 05/31/2015 - 22:57 - 0 comments

DLA Piper - Global Insight Q1 2015 content for Global INSOLvency.com website

In recent months, the US has seen a staggering increase in the number of retailers, both large and small, filing for bankruptcy. Among others, Dots, Alco Stores, Radio Shack, Deb Shops, Wet Seal, and Delia’s have each filed for bankruptcy protection in t ...

Resource Article - twallace@abiwor... - 04/06/2015 - 10:38 - 0 comments - 0 attachments

Hong Kong Ombudsman Slams Student Loan Scheme Over 13,000 Default Cases

was also criticised by the Ombudsman for its loose vetting of loan applicants, with only 0.21 per ...

Daily Headline - global.abi.org - 03/24/2015 - 20:28 - 0 comments

In Hong Kong, Grandma Has To Find A Job

Eighty-six years old and still job hunting. Wong Siu-ying had to stop passing out leaflets on a Hong Kong flyover when she hurt her knee in August. With two-thirds of her social security income spent on rent and no steady allowance from her three childre ...

Daily Headline - global.abi.org - 02/24/2015 - 21:52 - 0 comments

Hong Kong and Mainland China Join Force in Stock Market Regulatory Enforcement

Last Fall, with a single stroke — carrying both symbolic and substantive significance — China and Hong Kong signaled to the world their plans for deeper commercial integration and a commitment to vigorous, modern age law enforcement practices. U.S. capit ...

Resource Article - abi_admin - 01/21/2015 - 12:38 - 0 comments - 0 attachments

Hong Kong Regulators Tense About China Loans

A surge in business loans to the slowing mainland Chinese economy has prompted Hong Kong regulators to impose strict financial rules four years before they are required under new global standards, the International New York Times DealBook blog report ...

Daily Headline - global.abi.org - 06/10/2014 - 21:56 - 0 comments

Consultation on Resolution Regime for Financial Institutions (including Financial Market Infrastructures) in Hong Kong

(“FSB”). Attachment Size a17578893_v0 ...

Resource Article - twallace@abiwor... - 02/05/2014 - 16:18 - 0 comments - 1 attachment

Hong Kong Bidder Seeks Fast-Track Appeal In Fisker Battle

A Hong Kong businessman intensified his fight for Fisker Automotive, the bankrupt maker of the plug-in hybrid Karma sports car, seeking an immediate appeal of a ruling that had opened the door for China's Wanxiang Group as a bidder, Reuters reported ...

Daily Headline - global.abi.org - 01/15/2014 - 23:58 - 0 comments

Hong Kong Banking Watchdog Seeks Bail-In Powers

Hong Kong’s banking regulator has demanded far-reaching powers to prop up or shut failing banks, including the ability to suspend creditor rights, as it plays catch-up with western regulators trying prevent a future Lehman Brothers, the Financial Times ...

Daily Headline - global.abi.org - 01/08/2014 - 09:49 - 0 comments

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