Nuoxi Capital Ltd (In Liquidation in the British Virgin Islands) v Peking UniversityFounder Group Co Ltd[2021] HKCFI 3817
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The updated guide provides an overview of the law and general requirements in connection with the establishment and maintenance of Hong Kong private companies and Hong Kong branches of foreign companies. Topics include incorporation of a company, post-incorporation matters and general requirements, registration procedures of a non-Hong Kong company, maintenance of a company, management, taxation and employment visas.
On 17 December 2021, the High Court in Nuoxi Capital v Peking University Founder Group Company Limited [2021] HKCFI 3817 held that the claims under a Keepwell Deed, notwithstanding ongoing insolvency proceedings in the Mainland, should be determined in Hong Kong in accordance with its exclusive jurisdiction clause.
简介
在Stanford International Bank Ltd (in liquidation) v HSBC Bank PLC [2021] EWCA Civ 535一案中，英国汇丰银行（「汇丰」）被指违反Quincecare责任及提供不诚实的协助，因而被控疏忽。英国上诉法院（「上诉庭」）一致裁定汇丰胜诉，两项申索均被驳回。
背景
于2009年倒闭清盘的Stanford International Bank Limited（「原告人」）在2003至2009年期间在汇丰持有多个帐户（「涉案帐户」）。原告人因被用作史上其中一个最大的庞兹骗局而欠债超过50亿美元。原告人的清盘人（「清盘人」）向汇丰提出以下两项申索：
Introduction
In the case of Stanford International Bank Ltd (in liquidation) v HSBC Bank PLC [2021] EWCA Civ 535, which concerns a negligence claim for breach of Quincecare duty and dishonest assistance against the defendant bank, the English Court of Appeal (“CA”) unanimously found in favour of HSBC Bank plc (“HSBC”) and struck out both claims.
Background
簡介
在Stanford International Bank Ltd (in liquidation) v HSBC Bank PLC [2021] EWCA Civ 535一案中，英國匯豐銀行（「匯豐」）被指違反Quincecare責任及提供不誠實的協助，因而被控疏忽。英國上訴法院（「上訴庭」）一致裁定匯豐勝訴，兩項申索均被駁回。
背景
於2009年倒閉清盤的Stanford International Bank Limited（「原告人」）在2003至2009年期間在匯豐持有多個帳戶（「涉案帳戶」）。原告人因被用作史上其中一個最大的龐茲騙局而欠債超過50億美元。原告人的清盤人（「清盤人」）向匯豐提出以下兩項申索：
The recent decision of Mr Justice Harris in Nuoxi Capital Ltd v Peking University Founder Group Co Ltd [2021] HKCFI 3817 shows the tension between the Hong Kong’s courts willingness to recognise foreign insolvency proceedings and the contractual rights of creditors who sought to enforce exclusive jurisdiction clauses in favour of Hong Kong.
簡介
最近在Nuoxi Capital Ltd (In Liquidation in the British Virgin Islands) v Peking University Founder Group Co Ltd [2021] HKCFI 3817一案中，香港法院裁定，儘管香港法院承認維持完好契據（「維好契據」）的提供者在內地所提出的清盤程序並向管理人提供各種協助，但境外債券持有人在維好契據下的權利仍應根據合約的專屬司法管轄權條款在香港裁決。
維持完好安排與釋疑函件類似，都是內地企業支持其附屬公司發行境外債券的常用增強信貸方式。由於維好契據不構成擔保，內地企業集團往往以此規避禁止為境外債務提供抵押的規定。
背景