Re GTI Holdings Ltd[2021] HKCFI 3647
The Company was incorporated in the Cayman Islands and listed on the Main Board of the HKEX. The Petitioner sought to wind up the Company on the ground that the Company failed to satisfy a statutory demand served upon it on 21 January 2020. On 26 May 2020, the Company presented a winding up petition (“Petition”) against itself and applied for the appointment of PLs for restructuring purpose with the Grand Court of the Cayman Islands. Subsequently, on 28 May 2020, the Cayman Court appointed PLs over the Company.
有關森信洋紙有限公司 (2021) 粵 03 認港破 1 號
Re So Tsz Man[2021] HKCFI 3732
This case concerns the self-petitions presented by four debtors for their own bankruptcy (the “Four Petitions”). The Four Petitions (i.e. Re So Tsz Man(HCB 7033/2020), Re Lee Wing(HCB 7299/2020), Re Tam Wai Yiu(HCB 7569/2020) and Re Qiu Wenjun(HCB 3930/2021) shared a substantial similar fact pattern:
Re Hsin Chong Construction Co Ltd (Provisional Liquidators: Application for Directions)
[2021] 5 HKLRD 212, [2021] HKCA 1581
Chan Seung Bun v Wong King Fai Joe and Another[2021] HKCFI 3572
The Company was co-founded by the petitioner Mr. Chan Seung Bun (the “Petitioner”) and the late 1st Respondent (“R1”), now represented by the joint executrices of the estate (the “Executrices”) in 2013. It was not in dispute that the Company was a quasi-partnership established based on mutual trust and confidence between the Petitioner and R1. The Company had been profitable since its establishment.
Re Chan John Loong Fai[2021] HKCA 1834
Superpark Oy v Superpark Asia Group Pte Ltd and others[2021] SGCA 8
The Financial Conduct Authority v Carillion Plc[2021] EWHC 2871 (Ch)
The Respondent company was put into compulsory liquidation on 15 January 2018 and the Official Receiver was appointed as the liquidator.
Section 130(2) of the UK Insolvency Act (which is in the same wordings as section 186 of the Companies (Winding Up and Miscellaneous Provisions) Ordinance (Cap 32)) provides that:
Silver Starlight Limited v China CITIC Bank Corporation Limited, Tianjin Branch &Others[2021] HKCA 1248
Re Hsin Chong Construction Co., Ltd.[2021] HKCFA 14
The Company and Build King Construction Limited (“Build King”) entered into a joint venture agreement (the “JV Agreement”) in November 2013 to form and operate a joint venture (the “JV”). The JV was subsequently awarded a government contract for a major project in June 2016 with the Company taking a 65% interest and Build King the remaining 35%.