Hong Kong court departs from English law in its approach to arbitration clauses in insolvency cases

Key takeaways

Filed under:
Hong Kong, United Kingdom, Arbitration & ADR, Insolvency & Restructuring, Litigation, Reed Smith LLP
Authors:
Lianjun Li , Min Li , Matthew Townsend , Donald Sham , Eric Xu , Julie Wong
Location:
Hong Kong, United Kingdom
Firm:
Reed Smith LLP
Hong Kong Court of Appeal to consider application of arbitration clauses in insolvency cases

Key takeaways

Filed under:
Hong Kong, Arbitration & ADR, Insolvency & Restructuring, Litigation, Reed Smith LLP, Court of First Instance (Hong Kong)
Authors:
Lianjun Li , Min Li , Matthew Townsend , Donald Sham , Eric Xu , Selin Kim
Location:
Hong Kong
Firm:
Reed Smith LLP
Can a Chapter 15 order discharge US law governed debt for the purposes of the rule in Gibbs? The Rare Earth decision and beyond

On 6 June 2022, Mr Justice Harris sanctioned a Hong Kong scheme of arrangement for Rare Earth Magnesium Technology Group (the Company) in re Rare Earth Magnesium Technology Limited [2022] HKFCI 1686 (Rare Earth).

Filed under:
Hong Kong, USA, Insolvency & Restructuring, Litigation, Herbert Smith Freehills LLP
Authors:
Paul Apáthy , Gareth Thomas , Alexander Aitken , Peter Ng , Eric Xu
Location:
Hong Kong, USA
Firm:
Herbert Smith Freehills LLP
Hong Kong Court of Appeal to consider application of arbitration clauses in insolvency cases

Key takeaways

Filed under:
Hong Kong, Arbitration & ADR, Insolvency & Restructuring, Litigation, Reed Smith LLP, Court of First Instance (Hong Kong)
Authors:
Lianjun Li , Matthew Townsend , Donald Sham , Eric Xu
Location:
Hong Kong
Firm:
Reed Smith LLP
Can a Chapter 15 order discharge US law governed debt for the purposes of the rule in Gibbs? The Rare Earth decision and beyond

On 6 June 2022, Mr Justice Harris sanctioned a Hong Kong scheme of arrangement for Rare Earth Magnesium Technology Group (the Company) in re Rare Earth Magnesium Technology Limited [2022] HKFCI 1686 (Rare Earth).

Filed under:
Hong Kong, USA, Insolvency & Restructuring, Litigation, Herbert Smith Freehills LLP
Authors:
Paul Apáthy , Gareth Thomas , Alexander Aitken , Peter Ng , Eric Xu
Location:
Hong Kong, USA
Firm:
Herbert Smith Freehills LLP