Clarity Brought to the Court’s Approach in Restraining Arbitration and Other Proceedings Brought Against Companies Facing Winding Up Proceedings

As recognized by Recorder Abraham Chan SC in the very first line of his Reasons for Decision inChina Evergrande Group v Triumph Roc International Ltd [2023] HKCFI 2432, it is no secret that the Plaintiff, China Evergrande Group, is in financial difficulties and further, in June 2022, winding up proceedings have been commenced.

Filed under:
Hong Kong, Arbitration & ADR, Insolvency & Restructuring, Litigation, Des Voeux Chambers, Winding-up
Authors:
Alan Kwong , Sakinah Sat
Location:
Hong Kong
Firm:
Des Voeux Chambers