Hong Kong: Court of Final Appeal clarifies the effect of an exclusive jurisdiction clause on bankruptcy petitions

In brief 

The Court of Final Appeal (CFA), in its recent judgment in Re Guy Kwok-Hung Lam [2023] HKCFA 9 (link to judgment), has ruled on the proper approach towards a bankruptcy petition where the underlying dispute of the petition debt is subject to an exclusive jurisdiction clause (EJC).

Filed under:
Hong Kong, Insolvency & Restructuring, Litigation, Baker McKenzie, Due diligence
Authors:
Bryan Ng , Victor Yip
Location:
Hong Kong
Firm:
Baker McKenzie