Insolvency

17Feb2025

Legal Update: Anti-Suit Injunction restraining a Defendant in a Hong Kong Court action from continuing proceedings it commenced in the People’s Court of Beijing

On behalf of China City Construction (International) Co., Limited (In Creditors’ Voluntary Liquidation) (“CCCI”) and Dingway Investment Limited (In Compulsory Liquidation) (“Dingway”), both acting through their liquidators, Tanner De Witt successfully obtained an Anti-Suit Injunction (“ASI”) against China City Construction & Development Co., (HK) Limited…Read More

14Feb2025

5 Impactful R&I Cases from 2024

If you would like to discuss any of the matters raised in this article, please contact: Robin Darton   Partner | E-mail Tim Au Partner | E-mail The above is not intended to be relied on as legal advice and specific legal advice should be sought…Read More

24Jan2025

Legal update: Rights vs. Interests – English decisions not followed in Re Aoyuan Group Limited [2025] HKCFI 310

In the recent decision of Re Aoyuan Group Limited (“Aoyuan”), Harris J sanctioned the inter-linked and inter-conditional schemes of arrangement promulgated by Aoyuan and its key subsidiary, Add Hero Holdings Limited (“Hero”), to restructure total liabilities in excess of US$6 billion.  In doing so, Harris…Read More

31Oct2024

Legal Update: Recognition Order Granted notwithstanding SFC’s Restrictive Notice and Police’s Letter of No Consent

Tanner De Witt acted for Chan Ho Yin (also known as Michael Chan) of Kroll (HK) Ltd and Elaine Hanrahan, the Joint Liquidators of Bull’s-Eye Limited (in Liquidation) (“BEL”) which was wound up in the BVI on 15 January 2024. BEL is a company connected…Read More

26Jun2024

Legal update: Privy Council’s decision in Sian Participation Corp (In Liquidation) v. Halimeda International Ltd – are we back to square one?

This note updates a series of Tanner De Witt articles on the interaction between dispute resolution clauses and the Court’s insolvency jurisdiction. The previous articles are: The update arises because of the widely reported Privy Council decision in Re Sian Participation Corp[1] that the English…Read More

06May2024

Stop resisting! Solicitors must deliver up the client files of its former insolvent client to the liquidators.

In what can only be described as a regretful sequence of events, a firm of solicitors was ordered to pay indemnity costs for unreasonably refusing to deliver up its former client’s files to the liquidators where no lien was claimed.  Legal practitioners should bear in…Read More

02May2024

A “one stop” recognition order requiring non-responsive third parties to comply

Given Hong Kong’s status as an international financial hub and the fact that more than 75% of the companies listed on the main board of the Hong Kong Stock Exchange are incorporated in either the Cayman Islands or in Bermuda (only around 11 percent are…Read More

29Apr2024

The Legacy of Re Guy Lam Lives on

The landmark Court of Final Appeal (“CFA”) decision of Re Guy Lam[1] has generated numerous articles written by practitioners and academics on the interaction between exclusive jurisdiction clauses and the court’s jurisdiction to wind up or bankrupt a debtor.  Following the CFA’s decision, the Guy…Read More

07Feb2024

5 Most Impactful Hong Kong Restructuring and Insolvency cases in 2023

2023 was a busy year for the restructuring and insolvency industry in Hong Kong. we had a ground breaking decision of the Court of Final Appeal (CFA) ruling on the conflict between dispute resolution clauses and the Court’s jurisdiction to wind-up/bankrupt a debtor. We also…Read More

18Jan2024

Tanner De Witt is delighted that our law firm has achieved consistent recognition in Chambers and Partners Greater China Region Guide 2024

Tanner De Witt is delighted that our law firm has achieved consistent recognition in Chambers and Partners Greater China Region Guide 2024. We are honoured to have maintained top-notch rankings for an impressive 14-year stretch. Big congratulations to our exceptional team for earning this well-deserved recognition. Restructuring & Insolvency:…Read More

22Nov2023

Tanner De Witt at the Singapore Insolvency Conference 2023

Ian De Witt and Robin Darton represent Tanner De Witt at the Singapore Insolvency Conference 2023. Their participation showcases our commitment to staying abreast of industry trends and fostering meaningful connections with the insolvency community.

25Sep2023

Bankruptcy overturned – can I have my money back please?

Where a bankruptcy order is set aside after a successful appeal by the debtor, who should be liable for the fees and expenses of the trustees in bankruptcy (whether the Official Receiver (as provisional trustee) or trustees appointed by the creditors)? Should such fees and…Read More