insolvency

Court of Appeal Extends Re Guy Kwok-hung Lam to arbitrable cross-claims
Court of Appeal Extends Re Guy Kwok-hung Lam to arbitrable cross-claims 1400 788 Hauzen LLP
This decision confirms that Hong Kong Courts will stay a winding-up petition of a company pending determination of an arbitrable cross-claim.

Hauzen Recognised as IFLR Recommended Firm for Insolvency and Financial Regulation
Hauzen Recognised as IFLR Recommended Firm for Insolvency and Financial Regulation 599 702 Hauzen LLP

We have been promoted to a Tier-3 ranking in IFLR1000 ‘s Restructuring & Insolvency category for 2024, putting us in the league of major international firms. We are also ranked…

Hauzen Recognised by IFLR1000 in Financial Services Regulation, Insolvency & Restructuring
Hauzen Recognised by IFLR1000 in Financial Services Regulation, Insolvency & Restructuring 1920 1080 Hauzen LLP
Hauzen LLP has been recognised again by prestigious legal directory IFLR1000 for expertise in Financial Services Regulation and in Insolvency and Restructuring.

Mutual Recognition & Assistance to Insolvency Proceedings in HKSAR & China
Mutual Recognition & Assistance to Insolvency Proceedings in HKSAR & China 1400 788 Byron Chow
Learn about the implications and guidance for Recognition of HKSAR Insolvency Proceedings in Mainland China and vice versa

Updates to Bankruptcy & Winding-Up Proceedings Practice Directions
Updates to Bankruptcy & Winding-Up Proceedings Practice Directions 1400 788 Hauzen LLP
Changes come into effect 17 July 2023, here’s a summary of some which streamline or change the procedure for bankruptcy and winding-up applications in Hong Kong

Overview of Compulsory Winding-up in Hong Kong
Overview of Compulsory Winding-up in Hong Kong 1400 788 Hauzen LLP
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
HK Court to Go Ahead with Keepwell Claim 1920 1080 Kelly Ho
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
PRC reorganisation proceedings recognised for the first time 1400 787 Kelly Ho
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.

HKSAR & Mainland sign record of meeting concerning mutual recognition of and assistance in insolvency proceedings
HKSAR & Mainland sign record of meeting concerning mutual recognition of and assistance in insolvency proceedings 1920 1080 Hauzen LLP
Hong Kong and Mainland China signed a record of meeting signifying consensus on mutual recognition of and assistance in insolvency proceedings between the two.
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