Hong Kong: Insolvency/Bankruptcy

Insolvency litigation witnessed intriguing developments across multiple aspects in Hong Kong in 2023, ranging from the court's updated Practice Direction on Bankruptcy and Winding-Up Proceedings...

The Arrangement on Reciprocal Recognition and Enforcement of Judgments in Civil and Commercial Matters by the Courts of the Mainland and the Hong Kong Special Administrative Region will come into effect simultaneously in Mainland China and Hong Kong Special Administrative Region on January 29, 2024.

Schemes of Arrangement are often used as a successful restructuring tool, whether by way of a scheme promulgated in a company's home jurisdiction or overseas.