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。
Are the courts of England and Wales establishing themselves as a flexible forum for cross-border enforceability? Here, we consider this question in light of two recent High Court decisions: Re Silverpail Dairy (Ireland) Unlimited Co. [2023] EWHC 895 (Ch) (Silverpail) and Invest Bank PSC v El-Husseini & Ors [2023] EWHC 2302 (Comm) (Invest Bank).
The Dutch Supreme Court has confirmed the decision of the Amsterdam Court of Appeal, which found that the bankruptcy of the Russian based oil company, Yukos, could not be recognised in the Netherlands because it violates Dutch public policy.
The High Court of Hong Kong refused to allow a Chapter 11 Trustee to disclose a Decision from Hong Kong winding up proceedings in the US bankruptcy court. The US proceedings were commenced to prevent a creditor from taking action following a breach of undertakings given to the Hong Kong court in circumstances where the company had no jurisdictional connection with the US.
The Australian Federal Court has clarified the limitations for foreign entities and their office holders in pursuing action in Australia to access the voidable transaction provisions of the Australian Corporations Act.
Control to Serbian Creditors- the amendments to the Serbian Insolvency Act
The recent amendments to the Serbian Insolvency Act enacted 9 December 2018 have placed more control into creditors’ hands allowing them to suggest the insolvency administrator to be appointed, as well as providing less restrictive provisions on the proposers of reorganisation proposals.
In October 2018 Judge Glenn of the United States Bankruptcy Court (New York) considered the common law principles of comity and the English common law Gibbs rule to grant recognition of a Croatian company's settlement agreement which modified both New York and English law.
Background
Following our previous article, the Court of Appeal dismissed an appeal following the High Court deciding that a moratorium in relation to restructuring proceedings in Azerbaijan could not be extended in breach of the Gibbs rule, allowing two significant creditors to proceed with their claims in the English Courts.
Despite the debtor's contention that his primary residence was in the United States, the Court held that it had jurisdiction to make a Bankruptcy Order following a petition presented by HMRC.
HMRC presented a bankruptcy petition against Robert Stayton on 30 May 2014 who owed approximately £653,640. The matter came before the court on a number of occasions before the final hearing, with judgment being handed down in November 2018.