Restructuring & Insolvency

• Corporate Rescue Procedure consultation paper

  Article

  Last Reviewed: 09 March 2010 / Submitted: 05 March 2010

  On 29 October 2009, Hong Kong`s Financial Services and Treasury Bureau published a consultation paper `Review of Corporate Rescue Procedure Legislative Proposals`. This article looks at the proposals under the consultation paper.

• Stay of proceedings in creditors` voluntary liquidation?

  Article

  Last Reviewed: 13 March 2009 / Submitted: 13 March 2009

  This article highlights the recent decision of the High Court in Shiranne Holdings Limited v New Asia Associates (HK) Limited, Shiranne Holdings Limited v Sky Fox Investment Limited (unreported, HCA 2125/2008, HCA 2126/2008, 06 February 2009, Reyes J) which addressed the circumstances in which the courts will grant a stay of proceedings in respect of companies which are in creditors` voluntary liquidation under the Companies Ordinance.

• Pledging of shares for personal loans – to disclose or not?

  Article

  Last Reviewed: 08 May 2008 / Submitted: 08 May 2008

  This article looks at the demise of Oasis and the issue of public disclosure.