Read the full judgment text of HCMP 1705/2024 on BabelCite. This High Court CFI judgment was delivered on 24 March 2025.
1. Upon hearing the petitions presented by Kaisa Group Holdings Ltd. (佳兆業集團控股有限公司) (“ Kaisa ”) and Rui Jing Investment Company Limited (瑞景投資有限公司) (“ RJ ”) for sanction of their respective scheme of arrangement to restructure and compromise their main offshore debts (respectively “ Kaisa Scheme ” and “ RJ Scheme ” and together “ Schemes ”), the court sanctioned the Schemes on 24 March 2025. These are the reasons for my judgment.
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