在最新的 Re USUM Investment Group Ltd[2026] HKCFI 1320 一案中，香港公司法庭就普通法下对内地重整程序的承认（recognition）与协助（assistance），处理了若干“新颖而重要的问题（Novel and Important Questions）”，包括：香港法庭是否有权承认经境外法院（本案为内地法院）批准的企业破产重整；如有，具体的协助范围包括哪些？
本案中，香港公司法庭最终批准了由重庆市第五中级人民法院委任的管理人（Administrators）在香港提出的申请。该判决为日后内地与香港跨境重整的处理方式提供了更清晰的、权威性的分析路径，并进一步强化香港作为普通法跨境破产／重整枢纽司法管辖区的定位。
事实背景
In Re USUM Investment Group Ltd[2026] HKCFI 1320, the Hong Kong Companies Court delivered a landmark judgment concerned with “novel and important questions as to whether the court has power to recognize a restructuring approved by a foreign court and, if so, the extent of such assistance”.
In cross-border civil and commercial litigation between Hong Kong and Mainland China, parties often struggle to obtain evidence located in Mainland China.
A. Introduction
In the recent judgment, Re Jingrui Holdings Ltd [2026] HKCFI 246, Harris J made a winding-up order against an unregistered foreign company incorporated in the Cayman Islands, of which the assets are located in Mainland China.
In this Judgment, the Court confirmed the following principles: -
(1) The Court will wind-up a foreign company only if doing so has a real possibility of benefitting the creditors. The Court will assess such benefit in a practical and commercial way.
Dentons Hong Kong LLP secured an important judgment for foreign insolvency practitioners from the Hong Kong Court on 20 January 2026, regarding recognition of office holders in the context of restructuring (as opposed to liquidation/winding-up) of a company, which will potentially have significant implications both in Hong Kong and elsewhere in the common law world.
在 Re Lu Zhonglou[2025] HKCFI 6165 一案中，林泽明聆案官以债权人在申请准许呈请破产令及申请替代送达命令时，未有履行“充分及坦诚披露”的义务为由，撤销破产令并驳回破产呈请。
重要事实与背景
吕先生自约 2010 年起一直是呈请人赌场的长期客户。2021 年 12 月，他签署一份信贷协议，获批可观的博彩信贷，其后新加坡法院就相关欠款作出判决。该判决其后在香港根据外地判决登记制度注册并部分清偿，仍有约 7,080 万港元未偿还。呈请人其后送达法定要求书，并以单方面方式取得准许呈请破产令及替代送达命令；吕先生于 2025 年 4 月被宣告破产，其后以送达存在缺陷及重大不披露为由，申请撤销破产令。
2026 will see an increase in Hong Kong disputes over fraud claims, cryptocurrency and insolvency, greater judicial collaboration with mainland China, and further digital transformation of local court processes, according to the firm's Hong Kong litigation team.
"Hong Kong commercial litigation continues to deliver landmark decisions with global impact," said the firm's Head of China and local litigator Jojo Fan.
Introduction
The Supreme Court of New South Wales has clarified the circumstances in which a liquidator may recover deposit funds paid to a third party and the extent to which a counterparty may rely on the good-faith defence under section 588FG of the Corporations Act 2001 (Cth).