As cross-border transactions rise and insolvency risks increase, Hong Kong courts are refining how arbitration agreements interact with winding-up petitions. Recent decisions reveal an important trend: strong support for arbitration…
Public and Private Examinations Under Hong Kong’s Companies Ordinance: Key Tools for Liquidators
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Lokching Chu
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It was reported by Reuters[1] that in September 2023, Su Zhu, a co-founder of Three Arrows Capital, was arrested at Singapore’s Changi Airport and jailed for four months for deliberately…
Landmark SFC Settlement: The Combest Holdings Case
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On 2 June 2025, the Securities and Futures Commission (“SFC”) announced a landmark Court decision requiring former senior executives of Combest Holdings Limited (“Combest”) to pay HK$192 million in compensation…
Court of Appeal Extends Re Guy Kwok-hung Lam to arbitrable cross-claims
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Hauzen LLP
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This decision confirms that Hong Kong Courts will stay a winding-up petition of a company pending determination of an arbitrable cross-claim.
Mutual Recognition & Assistance to Insolvency Proceedings in HKSAR & China
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Byron Chow
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Learn about the implications and guidance for Recognition of HKSAR Insolvency Proceedings in Mainland China and vice versa
Overview of Compulsory Winding-up in Hong Kong
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Hauzen LLP
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There are two main avenues for winding up a Hong Kong company: compulsory winding-up & voluntary winding-up. Most common is a company unable to pay its debts.
HK Court to Go Ahead with Keepwell Claim
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Hauzen LLP
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Claims under a Keepwell Deed, despite ongoing insolvency proceedings in PRC, should be determined in Hong Kong according to its exclusive jurisdiction clause.
PRC reorganisation proceedings recognised for the first time
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Companies embroiled in insolvency proceedings in the PRC or HK will find it easier to exercise their powers and manage their cases in either jurisdiction.
A milestone for the application by Hong Kong liquidators for recognition and assistance in the Mainland
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Under the cooperation mechanism, the Mainland and Hong Kong jurisdictions agreed to the terms that several cities, such as Shanghai, Shenzhen and Xiamen in the Mainland and Hong Kong would mutually recognize and assist each other in matters regarding insolvency.
HKSAR & Mainland sign record of meeting concerning mutual recognition of and assistance in insolvency proceedings
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Hong Kong and Mainland China signed a record of meeting signifying consensus on mutual recognition of and assistance in insolvency proceedings between the two.








