The importance of pursuing debt recovery action and enforcing judgments without delay

Two recent Hong Kong cases highlight the importance for creditors to pursue action for debt recovery swiftly, as any undue delay may impact on the period for which interest is recoverable and may prevent any enforcement action on a judgment debt.

Bankruptcy Petition on a Judgment Debt Time Barred

Re Li Man Hoo, Re Foo SHuk Man Patty

Filed under:
Hong Kong, Insolvency & Restructuring, Litigation, Mayer Brown, Bankruptcy, Debt
Authors:
Billy Y. C. Lam , John M. Hickin , Susanne J Harris
Location:
Hong Kong
Firm:
Mayer Brown