Read the full judgment text of HCCW 91/2016 on BabelCite. This High Court CFI judgment was delivered on 31 August 2021.
1. I have in various cases during the course of recent years commented on the unhappy complications that arise in dealing with insolvent Mainland business groups either listed in Hong Kong or, in the case of private companies, based here as a consequence of the common corporate structures and the absence of any statutory mechanism in Hong Kong for restructuring debt and obtaining a moratorium from creditor enforcement. This case is perhaps a paradigm example of the mess that can result.
Cited by 3 cases · Cites 2 cases