Hong Kong

Insolvency practitioners should take note of a recent NSW Supreme Court decision that adopted a broad approach to the legislation imposing liability on receivers and mortgagees in possession for rent or other amounts payable under a property contract. Th ...

Resource Article - global.abi.org - 10/07/2010 - 13:56 - 0 comments - 0 attachments

Hong Kong has lagged behind other jurisdictions in the development of litigation funding. However, a recent Court of First Instance decision offers the first explicit and publicly available endorsement of the lawfulness of third-party litigation funding ...

Resource Article - global.abi.org - 10/04/2010 - 14:02 - 0 comments - 0 attachments

Pioneer Iron and Steel, a trading company owned by the mainland's so-called "steel princess", Diana Chen Ningning, has gone into provisional liquidation in Hong Kong, owing creditors more than US$516 million. People informed of the sit ...

Resource Article - global.abi.org - 10/04/2010 - 13:58 - 0 comments - 0 attachments

Provisional Supervision (“PS”) has been talked about for many years and at long last it appears to be on its way, subject to course to legislative time being available. Government has issued its latest take on the issue and has indicated its intention t ...

Resource Article - global.abi.org - 10/04/2010 - 13:41 - 0 comments - 1 attachment

This Client Alert looks at some of the recent changes, issues and challenges facing those interested in the derivatives market in the PRC and Hong Kong. We look at the recent draft regulations issued by the CBRC, the CIRC's decision to allow all ins ...

Resource Article - global.abi.org - 09/30/2010 - 14:20 - 0 comments - 0 attachments

http://www.onc.hk/pub/oncfile/publication/insolvency/1009_EN_Liquidators_No_Need_to_Bear_Creditor_s_Costs_for_Wrongful_Rejection_of_Proof_of_Debt.pdf (Asia, Hong Kong) bankruptcy,insolvency,headlines,articles,legislatives,debt,resources,ins ...

Resource Article - global.abi.org - 09/30/2010 - 14:10 - 0 comments - 0 attachments

http://elink.allenovery.com/getFile.aspx?ItemType=eBulletin&id=23371195-d3d9-4e09-ba0b-4fcca2b50d2f (Asia, Hong Kong) ...

Resource Article - global.abi.org - 09/08/2010 - 14:26 - 0 comments - 0 attachments

http://www.gov.hk/en/business/registration/businesscompany/index.htm (Asia, Hong Kong) bankruptcy,insolvency,headlines,articles,legislatives,debt,resources,insol,Asia,Hong Kong ...

Resource Article - global.abi.org - 09/08/2010 - 11:32 - 0 comments - 0 attachments

http://www.cr.gov.hk/en/forms/specified.htm (Asia, Hong Kong) bankruptcy,insolvency,headlines,articles,legislatives,debt,resources,insol,Asia,Hong Kong ...

Resource Article - global.abi.org - 09/08/2010 - 11:29 - 0 comments - 0 attachments

http://www.gld.gov.hk/cgi-bin/gld/egazette/index.cgi?lang=e&agree=0 (Asia, Hong Kong) bankruptcy,insolvency,headlines,articles,legislatives,debt,resources,insol,Asia,Hong Kong ...

Resource Article - global.abi.org - 09/08/2010 - 11:24 - 0 comments - 0 attachments