Hong Kong

Results for Hong Kong

Bulgaria's Vivacom Gets Court Approval For Restructuring

Bulgarian telecoms operator Vivacom obtained UK court approval to proceed with a 1.7 billion euro ($2.1 billion) debt restructuring, ending two years of wrangling with lenders and failed attempts to sell the company, Reuters reported. Under a deal approv ...

Daily Headline - global.abi.org - 09/06/2012 - 22:18 - 0 comments

Hutchison Whampoa Makes Revised Bid For Eircom

Hutchison Whampoa Ltd has made a revised 2 billion euros ($2.6 billion) bid for eircom, the Irish phone company granted court protection from creditors six weeks ago, according to sources familiar with the deal. Hutchison, the parent company of 3 Mobile, ...

Daily Headline - global.abi.org - 05/09/2012 - 23:29 - 0 comments

Hong Kong Braces for Job Cuts at Lenders

Hong Kong is bracing for more finance-sector job cuts as Western banks, many of which base their regional operations in this business hub, scale back their Asian expansion amid the fallout from Europe's debt crisis and a generally weaker global econ ...

Daily Headline - global.abi.org - 01/30/2012 - 20:57 - 0 comments

China Property Malaise Spreads to Furnishings

China's property prices fell for the fourth straight month in December, adding further pressure on Chinese consumers at a time when both the domestic and global economy increasingly depend on their spending, The Wall Street Journal reported. The ...

Daily Headline - global.abi.org - 01/04/2012 - 19:24 - 0 comments

Shareholder Granted Order to Inspect Listed Company Documents

This week, the Court of First Instance handed down its decision in the first application under s.152FA of the Companies Ordinance (the "Ordinance") in Wong Kar Gee Mimi v Hung Kin Sang Raymond and Applied Development Holdings Limited (HCMP ...

Resource Article - abi_admin - 09/28/2011 - 12:46 - 0 comments - 0 attachments

The Grande Holdings Limited

Thu, 07/21/2011 Bankr. C.D. Cal. Bluebo ...

Chapter 15 New Filing - abi_admin - 08/29/2011 - 11:49 - 0 comments - 0 attachments

The Grande Holdings Limited

Tue, 06/28/2011 Bankr. S.D.N.Y. Gerber ...

Chapter 15 New Filing - abi_admin - 08/29/2011 - 09:29 - 0 comments - 0 attachments

Focus: Absolute state immunity prevents enforcement in Hong Kong

Hong Kong's Court of Final Appeal recently held that no state may be sued in Hong Kong's courts unless the state waives its immunity, and that submitting to arbitration does not constitute a waiver. This will have a major impact on any business ...

Resource Article - abi_editor - 08/08/2011 - 10:45 - 0 comments - 0 attachments

Lehman, Hong Kong Liquidators Resolve Claims

Lehman Brothers Holdings Inc. said it settled $20 billion of intercompany claims with liquidators for Lehman Hong Kong and won the affiliate’s support for its liquidation plan, Bloomberg reported. Details of the agreement, which is subject to court appro ...

Daily Headline - global.abi.org - 08/03/2011 - 22:29 - 0 comments

Hong Kong's Grande Holdings Files For Chapter 15 Bankruptcy

Hong Kong-based Grande Holdings Ltd., which owns such global consumer electronic brands as Nakamichi, Akai and Sansui, is seeking court protection from its U.S. creditors, Dow Jones Daily Bankruptcy Review reported. Grande reported assets and debts each ...

Daily Headline - global.abi.org - 06/29/2011 - 23:34 - 0 comments

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