随着内地与香港的经济贸易往来日益频繁，近年来破产案件中需要通过跨境破产合作解决的问题也日益增多。虽然2019年1月发布的《关于内地与香港特别行政区法院相互认可和执行民商事案件判决的安排》仍未将破产（清盘）案件包括在内，但是近年来实践中已经开始出现一些内地与香港法院互相承认对方破产（清盘）程序的效力、承认对方破产管理人（清盘人）地位的案例，这一新动向值得跨境投资者关注。
内地对香港清盘程序的态度
根据最高法2011年对《企业破产法》第五条的解释，香港法院作出的“清盘令不属于《企业破产法》下内地法院应认可和执行的境外法院的判决、裁定”。但是，最高法2014年审结的“新加坡中华环保案”为香港清盘人在内地法院审理的案件中代表被清盘公司诉讼创造了可能性。
该案原告是一家新加坡企业，已经破产并被指定了管理人。最高法院援引《涉外民事关系法律适用法》第十四条的规定，认为该案的争议问题实质是原告破产企业的代表人及其诉讼地位、相关权利的认定，应当适用原告登记地法律即新加坡法，进而认可破产管理人有权代表公司继续诉讼。根据这一裁判思路，内地法院有可能对已被清盘的香港公司适用其注册登记地法律，即香港法律，来认定香港清盘人在内地法院案件中的诉讼地位及相关权利，从而使香港清盘人有权代表被清盘公司在内地法院参加诉讼活动。
As the economic and trade exchanges between the Chinese Mainland and Hong Kong have become more frequent, in recent years the number of issues that need to be resolved through cross-border cooperation in bankruptcy cases has also increased.
In recent years, with the large increase in the number of enterprise bankruptcy cases, the instances of the legal representative or directors, supervisors and/or senior executives of a bankrupt enterprise (collectively, “senior officers”) being sued by the administrator or creditors have become common. In light of such laws as the Company Law, the Enterprise Bankruptcy Law, etc., and typical cases in judicial practice, such senior officers chiefly face the following risks:
As the number of enterprise groups in China has increased, the phenomenon of affiliates jointly going into bankruptcy has also become more common. Once a member of an enterprise group enters a bankruptcy procedure, whether its affiliates will also simultaneously enter the procedure with it has consistently been an issue of concern to creditors.
The number of substantive consolidation bankruptcy cases of affiliated enterprises in mainland China has gradually increased since 2014. Substantive consolidation bankruptcy means disregarding the independent corporate personality of all affiliated members and treating them as the same enterprise in bankruptcy treatment, so as to pay off debts to creditors in a fair manner, regarding an affiliated enterprise bankruptcy case with significant corporate personality confusion.