insolvency Archives - Hauzen LLP

Julie Chan
03/03/2026

Cross-Border Evidence between Hong Kong and Mainland China: The Arrangement and the CFA’s Tenwow Decision

Cross-Border Evidence between Hong Kong and Mainland China: The Arrangement and the CFA’s Tenwow Decision https://hauzen.hk/wp-content/uploads/2026/02/beautiful-architecture-building-exterior-cityscape-hong-kong-city-skyline-scaled.jpg 2560 1707 Julie Chan Julie Chan https://secure.gravatar.com/avatar/8f509e883ee3e35d4ec0298d67630748a756e61c85ba925d502658b607886c99?s=96&d=mm&r=g 03/03/2026 03/03/2026

In cross-border civil and commercial litigation between Hong Kong and Mainland China, parties often struggle to obtain evidence located in Mainland China. To address the challenges, the Arrangement on Mutual…

Hauzen LLP
02/12/2025

Bypassing Arbitration Clauses – To Injunct or Not To Injunct?

Bypassing Arbitration Clauses – To Injunct or Not To Injunct? https://hauzen.hk/wp-content/uploads/2024/08/Construction-Law.jpg 2509 1671 Hauzen LLP Hauzen LLP https://secure.gravatar.com/avatar/d1b885eaf259d7dce5c199adb937383be5d0065b2cbf634a3209454c7173acce?s=96&d=mm&r=g 02/12/2025 05/01/2026

To injunct or not to injunct – and if so, where at? That is the question that many face when foreign just and equitable winding-up proceedings have been taken out,…

Basil Hwang
25/11/2025

When Arbitration Meets Insolvency: Are Hong Kong Courts Rebalancing the Framework in Cross-Border Cases?

When Arbitration Meets Insolvency: Are Hong Kong Courts Rebalancing the Framework in Cross-Border Cases? https://hauzen.hk/wp-content/uploads/2022/01/hong-kong-city-5012735_1920_1400x788sm.jpg 1400 788 Basil Hwang Basil Hwang https://secure.gravatar.com/avatar/faae5601da7623c10cd540342418a2c716ce0d8993655d7ec77c5907aed42237?s=96&d=mm&r=g 25/11/2025 09/01/2026

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…

Hauzen LLP
30/06/2025

Landmark SFC Settlement: The Combest Holdings Case

Landmark SFC Settlement: The Combest Holdings Case https://hauzen.hk/wp-content/uploads/2020/09/mobile-phone-pexels-ono-kosuki-5999931_1400x788.jpg 1400 788 Hauzen LLP Hauzen LLP https://secure.gravatar.com/avatar/d1b885eaf259d7dce5c199adb937383be5d0065b2cbf634a3209454c7173acce?s=96&d=mm&r=g 30/06/2025 11/09/2025

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…

Hauzen LLP
29/11/2024

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 https://hauzen.hk/wp-content/uploads/2022/06/stairs-pexels-mitchell-luo-3685201_1400x788.jpg 1400 788 Hauzen LLP Hauzen LLP https://secure.gravatar.com/avatar/d1b885eaf259d7dce5c199adb937383be5d0065b2cbf634a3209454c7173acce?s=96&d=mm&r=g 29/11/2024 29/11/2024

This decision confirms that Hong Kong Courts will stay a winding-up petition of a company pending determination of an arbitrable cross-claim.

Hauzen LLP
24/09/2024

Hauzen Recognised as IFLR Recommended Firm for Insolvency and Financial Regulation

Hauzen Recognised as IFLR Recommended Firm for Insolvency and Financial Regulation https://hauzen.hk/wp-content/uploads/2024/09/ee0a54b6-9659-4c48-9b6c-10c8205e0020-e1727142455907.jpg 599 702 Hauzen LLP Hauzen LLP https://secure.gravatar.com/avatar/d1b885eaf259d7dce5c199adb937383be5d0065b2cbf634a3209454c7173acce?s=96&d=mm&r=g 24/09/2024 07/04/2025

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 LLP
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 LLP Hauzen LLP https://secure.gravatar.com/avatar/d1b885eaf259d7dce5c199adb937383be5d0065b2cbf634a3209454c7173acce?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/2c39a3e4bd122cd2a8b21fdfb17859f467abb153a37a2d4203411cae0d2580ef?s=96&d=mm&r=g 07/07/2023 15/08/2024

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

Hauzen LLP
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 LLP Hauzen LLP https://secure.gravatar.com/avatar/d1b885eaf259d7dce5c199adb937383be5d0065b2cbf634a3209454c7173acce?s=96&d=mm&r=g 06/07/2023 15/08/2024

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 LLP
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 LLP Hauzen LLP https://secure.gravatar.com/avatar/d1b885eaf259d7dce5c199adb937383be5d0065b2cbf634a3209454c7173acce?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.

insolvency