Liquidators have the final say on disclosure of information to creditors

China City Construction Holding Group Co Ltd -v- Patrick Cowley and Lui Yee Man, Joint and Several Liquidators of China City Construction (International) Co Ltd [2024] HKCFI 219

The Hong Kong Court of First Instance (the Court) has examined the issue of the scope of information required to be disclosed by liquidators to creditors and whether the Court should exercise its discretion to order discovery if it is just and beneficial to do so.

Filed under:
Hong Kong, United Kingdom, Insolvency & Restructuring, Litigation, Hill Dickinson
Authors:
Bryan O'Hare , Wing Lui
Location:
Hong Kong, United Kingdom
Firm:
Hill Dickinson
Hong Kong’s Court of Final Appeal gives primacy to a foreign exclusive jurisdiction clause over insolvency jurisdiction in landmark case

On 4 May 2023, the Court of Final Appeal (CFA) delivered a landmark judgment in Guy Kwok-Hung Lam (Respondent) -v- Tor Asia Credit Master Fund LP (Appellant) Final Appeal No.13 of 2022 (on appeal from CACV No. 393 of 2021 [2023 HKCFA 9) (“Re Guy Kwok-Hung Lam”).

Filed under:
Hong Kong, Insolvency & Restructuring, Litigation, Hill Dickinson
Authors:
Bryan O'Hare , Pui Yip Leung , Wing Lui , Rachel Yeung
Location:
Hong Kong
Firm:
Hill Dickinson
Hong Kong’s Court of Final Appeal provides clarity in landmark judgment giving primacy to an exclusive jurisdiction clause over insolvency proceedings

Hill Dickinson’s Hong Kong Commercial and Insolvency Disputes team acted for the successful respondent in Guy Kwok-Hung Lam (Respondent) -v- Tor Asia Credit Master Fund LP (Appellant) Final Appeal No.13 of 2022 (on appeal from CACV No. 393 of 2021 [2023] HKCFA 9).

Filed under:
Hong Kong, Insolvency & Restructuring, Litigation, Hill Dickinson, Insolvency, U.S. Court of Appeals
Authors:
Bryan O'Hare , Pui Yip Leung , Wing Lui , Rachel Yeung
Location:
Hong Kong
Firm:
Hill Dickinson