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    Sanction for scheme of arrangement refused by Hong Kong court: Key takeaways
    19 September 2024

    Notwithstanding that the requisite statutory majority was obtained in the relevant creditors’ scheme meeting, the Hong Kong Companies Court refused to sanction a scheme of arrangement propounded by a company that professed to be insolvent in a recent judgment [2024] HKCFI 2216.

    Hong Kong, Insolvency & Restructuring, Litigation, Des Voeux Chambers

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