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…
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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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
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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
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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
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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
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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
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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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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.








