Introduction
The statutory jurisdiction of Hong Kong Courts to wind up a foreign-incorporated company in Hong Kong is subject to self-imposed restraints that have been articulated as the “three core requirements” which must be satisfied before the court would exercise that jurisdiction.
In the recent case of Re Guoan International Ltd[2023] HKCU 939, the Court of First Instance (“CFI”) considered whether to wind up a foreign-incorporated company which has already been wound up by the court in its place of incorporation.
简介
香港法院在香港将外国注册公司清盘的法定司法管辖权,受到法院自设的限制所规限;该等限制被称为法院行使上述司法管辖权之前所须符合的三大核心要求。
最近在Re Guoan International Ltd[2023] HKCU 939一案中,原讼法庭(「原讼庭」)需考虑是否将一间已被其注册地点的法院清盘的外国注册公司清盘。
案情
国安国际有限公司(「该公司」)的债权人Road Shine Developments Limited(「呈请人」)于2022年12月2日向香港法庭提出呈请,请求发出将该公司清盘的附属命令。该公司于开曼群岛注册成立,于2022年2月28日被开曼群岛大法院清盘,而袁子俊先生及Martin Trott先生于同日获委任为其清盘人(「共同清盘人」)。反对呈请的债权人Chong Chin先生及Yao Sze Ling女士(统称「反对债权人 」)基于两个主要理由反对呈请:
This recent decision has opened up a new opportunity for creditors who are not satisfied with a proposal to put forward their own restructuring plan.
Background
Good Box Co Labs Limited (the Company), a fintech start-up, developed contactless payment technologies in the charity sector.
It entered administration in June 2022 on the application of NGI Systems Limited (NGI) a principal technology supplier, creditor and shareholder of the Company.
A reworked Czech Republic bill on preventive restructuring could soon be implemented.
Act on preventive restructuring
Under German law, company directors have a statutory duty to file for insolvency once the company has become insolvent or over-indebted. Company directors can be held personally liable for any payments they make after that point of time unless they prove that they exercised reasonable care, skill and diligence. After the German Federal Court of Justice (Bundesgerichtshof) clarified that standard terms and conditions of German D&O insurance contracts cover this directors’ liability, many D&O insurers have tried to find new ways to avoid their coverage.
After a weekend that saw the tech ecosystem unite to fight for its future, on Monday 13 March 2023, the Bank of England (the Bank) effected the sale of Silicon Valley Bank UK Ltd (SVB UK) to HSBC. It used the resolution powers for stabilising failing banks granted by the Banking Act 2009 which were introduced following the 2008/9 financial crisis.
Resolution powers
After a turbulent weekend, the news on Monday morning that HSBC had acquired Silicon Valley Bank UK (SVB UK) caused the UK tech community to breathe a huge sigh of relief.
It was also a very different outcome to the one that seemed destined on Friday when the Bank of England announced it intended to put SVB UK into a bank insolvency procedure.
News of HSBC's acquisition of Silicon Valley Bank UK (SVB UK) has brought huge relief to the UK tech community and wider economy – quite possibly the optimal result in the circumstances following the Bank of England's announcement of a likely insolvency procedure on Friday 10 March.
簡介
英國和香港的法例均規定,債權人只可以就其應獲支付的算定金額提出破產呈請,但相關法例條文並無界定何謂「算定金額」(liquidated sum)。在Re Dusoruth (a bankrupt) Dusoruth v Orca Finance UK Ltd (in liquidation) [2022] EWHC 2346 (Ch) 一案中,英格蘭及威爾斯商業及財產法庭(「法院」)澄清,復還不當得利的申索不論如何確切,仍不能被視為算定金額,因此不能成為破產呈請的依據。
背景
申請人是一名商人,亦是在英國、英屬維爾京群島及馬爾他等多個司法管轄區註冊的多間公司的最終擁有人。他以其中一家公司進行欺詐,遊說富戶投資,然後透過無抵押貸款將資金轉移到他控制的其他公司。申請人被他其中一間正在清盤的公司(「答辯人」)基於以下債務提出破產呈請(「該破產呈請」),並於2020年11月被判定破產:
1.從答辯人的銀行帳戶支付,用於清償申請人的個人信用卡帳單的361,899.73歐元;及