引言
近期,香港高等法院正式颁布针对一家大型港股公司(“港股公司”)的清盘令并委任清盘人。这宗债项涉及约数十亿美元的清盘呈请终于落下帷幕,也成为香港有史以来涉及金额最大的清盘案件之一。不少客户均希望了解,香港法下这类清盘对债权人利益及权利之影响。我们将持续推出系列文章,为大家介绍有关内容。
案情简介
根据香港公司清盘法律规定,公司任何一位债权人、股东或公司本身均可通过向高等法院提交清盘呈请书发起针对该公司的强制清盘。就该案而言,数月前港股公司的一债权人入禀香港高等法院,对港股公司提起清盘呈请(“呈请”)。该清盘呈请提出后,历经多次聆讯及延期申请,香港高等法院最终针对港股公司颁布了清盘令。
债权人对清盘债务人的行动
一旦公司进入强制清盘程序,根据香港公司清盘法律规定,所有针对该公司的诉讼程序均会自动中止。该规定目的在于确保清盘程序的有序进行,公司资产不会被用于提起或辩护任何法律程序,以保护公司财产和债权人利益。
引言
近期,香港高等法院正式颁布针对一家大型港股公司(“港股公司”)的清盘令并委任清盘人。这宗债项涉及约数十亿美元的清盘呈请终于落下帷幕,也成为香港有史以来涉及金额最大的清盘案件之一。不少客户均希望了解,香港法下这类清盘对债权人利益及权利之影响。我们将持续推出系列文章,为大家介绍有关内容。
案情简介
根据香港公司清盘法律规定,公司任何一位债权人、股东或公司本身均可通过向高等法院提交清盘呈请书发起针对该公司的强制清盘。就该案而言,数月前港股公司的一债权人入禀香港高等法院,对港股公司提起清盘呈请(“呈请”)。该清盘呈请提出后,历经多次聆讯及延期申请,香港高等法院最终针对港股公司颁布了清盘令。
债权人对清盘债务人的行动
一旦公司进入强制清盘程序,根据香港公司清盘法律规定,所有针对该公司的诉讼程序均会自动中止。该规定目的在于确保清盘程序的有序进行,公司资产不会被用于提起或辩护任何法律程序,以保护公司财产和债权人利益。
In bankruptcy as in federal jurisprudence generally, to characterize something with the near-epithet of “federal common law” virtually dooms it to rejection.
In January 2020 we reported that, after the reconsideration suggested by two Supreme Court justices and revisions to account for the Supreme Court’s Merit Management decision,[1] the Court of Appeals for the Second Circuit stood by its origina
It seems to be a common misunderstanding, even among lawyers who are not bankruptcy lawyers, that litigation in federal bankruptcy court consists largely or even exclusively of disputes about the avoidance of transactions as preferential or fraudulent, the allowance of claims and the confirmation of plans of reorganization. However, with a jurisdictional reach that encompasses “all civil proceedings . . .
I don’t know if Congress foresaw, when it enacted new Subchapter V of Chapter 11 of the Code[1] in the Small Business Reorganization Act of 2019 (“SBRA”), that debtors in pending cases would seek to convert or redesignate their cases as Subchapter V cases when SBRA became effective on February 19, 2020, but it was foreseeable.
Our February 26 post [1] reported on the first case dealing with the question whether a debtor in a pending Chapter 11 case may redesignate it as a case under Subchapter V, [2] the new subchapter of Chapter 11 adopted by the Small Business Reorganization Act of 2019 (“SBRA”), which became effective on February 19.
Our February 26 post entitled “SBRA Springs to Life”[1] reported on the first case known to me that dealt with the issue whether a debtor in a pending Chapter 11 case should be permitted to amend its petition to designate it as a case under Subchapter V,[2] the new subchapter of Chapter 11 adopted by
State governments can be creditors of individuals, businesses and institutions that are debtors in bankruptcy in a variety of ways, most notably as tax and fine collectors but also as lenders. They can also be debtors of debtors, in their role, for example, as the purchasers of vast quantities of goods and services on credit. And they can also be transferees of a debtor’s property in (at least) every role in which they can be creditors.
We have noodled on the impact that the Supreme Court’s decision in Merit Management Group, LP v.