insolvency

Hauzen
28/07/2023

Announcements

Hauzen Recognised by IFLR1000 in Financial Services Regulation, Insolvency & Restructuring

Hauzen Recognised by IFLR1000 in Financial Services Regulation, Insolvency & Restructuring https://hauzen.hk/wp-content/uploads/2019/04/pete-walls-_w7KismwsaA-unsplash_1920x1080sm.jpg 1920 1080 Hauzen Hauzen https://secure.gravatar.com/avatar/89f4c19e43caa7e0225dad1d9dad1fec?s=96&d=mm&r=g 28/07/2023 05/10/2023

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

Byron Chow
07/07/2023

Mutual Recognition & Assistance to Insolvency Proceedings in HKSAR & China

Mutual Recognition & Assistance to Insolvency Proceedings in HKSAR & China https://hauzen.hk/wp-content/uploads/2021/11/guangzhou-derch-Zp4gRwQFLRE-unsplash_1400x788.jpg 1400 788 Byron Chow Byron Chow https://secure.gravatar.com/avatar/da4b3f4ddc0f2cc2ce4863d34966070c?s=96&d=mm&r=g 07/07/2023 11/07/2023

Learn about the implications and guidance for Recognition of HKSAR Insolvency Proceedings in Mainland China and vice versa

Hauzen
06/07/2023

Updates to Bankruptcy & Winding-Up Proceedings Practice Directions

Updates to Bankruptcy & Winding-Up Proceedings Practice Directions https://hauzen.hk/wp-content/uploads/2021/02/bangkok-stairs-ryan-tang-8OyZGH43-p4-unsplash-sm.jpg 1400 788 Hauzen Hauzen https://secure.gravatar.com/avatar/89f4c19e43caa7e0225dad1d9dad1fec?s=96&d=mm&r=g 06/07/2023 11/07/2023

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

Hauzen
19/06/2023

Insolvency

Overview of Compulsory Winding-up in Hong Kong

Overview of Compulsory Winding-up in Hong Kong https://hauzen.hk/wp-content/uploads/2021/11/ice-melt-annie-spratt-BqYttheZzUo-unsplash_1400x788.jpg 1400 788 Hauzen Hauzen https://secure.gravatar.com/avatar/89f4c19e43caa7e0225dad1d9dad1fec?s=96&d=mm&r=g 19/06/2023 26/06/2023

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.

Kelly Ho
07/03/2022

HK Court to Go Ahead with Keepwell Claim

HK Court to Go Ahead with Keepwell Claim https://hauzen.hk/wp-content/uploads/2019/04/pete-walls-_w7KismwsaA-unsplash_1920x1080sm.jpg 1920 1080 Kelly Ho Kelly Ho https://secure.gravatar.com/avatar/edf43aa4257659462da0e70132762ed4?s=96&d=mm&r=g 07/03/2022 24/03/2022

Claims under a Keepwell Deed, despite ongoing insolvency proceedings in PRC, should be determined in Hong Kong according to its exclusive jurisdiction clause.

Kelly Ho
05/11/2021

PRC reorganisation proceedings recognised for the first time

PRC reorganisation proceedings recognised for the first time https://hauzen.hk/wp-content/uploads/2021/11/shenzhen-darmau-lee-5-k1_mBljB0-unsplash_1400x787.jpg 1400 787 Kelly Ho Kelly Ho https://secure.gravatar.com/avatar/edf43aa4257659462da0e70132762ed4?s=96&d=mm&r=g 05/11/2021 10/01/2022

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.

Hauzen
15/07/2021

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 https://hauzen.hk/wp-content/uploads/2020/09/piqsels.com-id-zwvfp-escalator_sm.jpg 1920 1080 Hauzen Hauzen https://secure.gravatar.com/avatar/89f4c19e43caa7e0225dad1d9dad1fec?s=96&d=mm&r=g 15/07/2021 01/11/2021

Hong Kong and Mainland China signed a record of meeting signifying consensus on mutual recognition of and assistance in insolvency proceedings between the two.