Hong Kong Court of Final Appeal Clarifies the Benefit Requirement in Winding up Foreign Companies

On 14 June 2022, the Hong Kong Court of Final Appeal (the “CFA”) handed down a long-awaited and landmark judgement in Shandong Chenming Paper Holdings Limited v Arjowiggins HKK 2 Limited[2022] HKCFA 11, which would have significant implications to companies incorporated in offshore jurisdictions but listed in Hong Kong.

Filed under:
Hong Kong, Insolvency & Restructuring, Litigation, Sidley Austin LLP, Court of Final Appeal (Hong Kong), Court of First Instance (Hong Kong)
Authors:
Desmond Ang , Lester Fung , Michael Wang
Location:
Hong Kong
Firm:
Sidley Austin LLP