Results for Hong Kong
- HK Banks Agree On Resolution For Lehman Minibonds
Sixteen Hong Kong banks have agreed on a deal to enable investors in structured products of the now bankrupt Lehman Brothers recover a majority of their investments, Reuters reported. Investors in Hong Kong lost nearly $2.5 billion on structured products ...
Daily Headline - global.abi.org - 03/29/2011 - 07:04 - 0 comments
- Insolvency & Restructuring - Hong Kong
Unlike many other common law jurisdictions, Hong Kong still lacks a statutory corporate rescue regime, despite the fact that a proposal was first made by the Law Reform Commission in 1996 and a proposed bill containing a corporate rescue regime was intro ...
Resource Article - abi_editor - 03/24/2011 - 14:59 - 0 comments - 0 attachments
- Guide to financial services regulation in Asia
Attachment Size GuidetofinancialservicesregulationinAsia2011.pdf 844.4 KB (Asia, Hong Kong) bankruptcy,insolvency,headlines,articles,legislatives,debt,resources,insol,Asia,Hong Kong ...
Resource Article - abi_editor - 03/24/2011 - 12:57 - 0 comments - 1 attachment
- HK Bankruptcy Petitions Fall 10.5 Percent In January Vs December
Hong Kong bankruptcy petitions in January fell 10.5 percent to 630 from December and were down 22.6 percent compared with a year earlier, government data showed on Friday, Reuters reported. The number of bankruptcy orders totalled 613 in January, down 33 ...
Daily Headline - global.abi.org - 02/18/2011 - 09:24 - 0 comments
- HK Bankruptcy Petitions Up 3.4 Percent In December
Hong Kong bankruptcy petitions totalled 704 in December, up 3.4 percent from November but down 22.4 percent compared with the same month last year, government data showed on Friday, Reuters reported. The number of bankruptcy petitions totalled 9,102 for ...
Daily Headline - global.abi.org - 01/24/2011 - 08:46 - 0 comments
- Six Ex-Grant Thornton Partners Sued in Hong Kong High Court
Hong Kong audit firm JBPB & Co., formerly called Grant Thornton, is suing six former partners for a minimum HK$640 million ($82.3 million) alleging that they failed to "act honestly and in good faith" to advance the plaintiff's busines ...
Daily Headline - jhartgen - 12/28/2010 - 09:34 - 0 comments
- SFC Structured Product and other Investment Product Reforms
The Securities and Futures Commission following the collapse of Lehman has been committed to revamping and codifying the structure and methods of selling structured and other investment products in Hong Kong. The recent implementation of a Handbook for t ...
Resource Article - abi_editor - 12/03/2010 - 10:35 - 0 comments - 0 attachments
- IMF Warns on Hong Kong Property
The International Monetary Fund warned Thursday it sees increasing risks of a property bubble in Hong Kong due to continued liquidity inflows and rock-bottom interest rates coupled with tight housing supply, and it urged the city's government to tak ...
Daily Headline - global.abi.org - 11/19/2010 - 08:02 - 0 comments
- More Strife For Allied Farmers As HSBC Pulls Matarangi Beach Credit Line
Allied Farmers, which took on the Hanover and United loan books in a failed bid to become a major lender, faces losing another $7 million after HSBC pulled the credit line on one of the firm's subsidiaries, ShareChat.co.nz reported. The Hong Kong-ba ...
Daily Headline - global.abi.org - 11/12/2010 - 10:26 - 0 comments
- Avoidance actions and prohibited set-off in debt-to-equity swaps
http://www.internationallawoffice.com/Newsletters/Detail.aspx?g=cf805111-1185-4bd4-99ac-ca34ec0bb81c&utm_source=ILO+Newsletter&utm_medium=email&utm_campaign=Insolvency+%26+Restructuring+Newsletter&utm_content=Newsletter+2010-10-29 (Asia, Hong Kong) ...
Resource Article - abi_editor - 11/02/2010 - 14:11 - 0 comments - 0 attachments