Sunny Hathiramani
Press release: Tanner De Witt promotes Sunny Hathiramani to Partner
Tanner De Witt announces with great pleasure the appointment of Sunny Hathiramani as Partner in the firm’s top tier Insolvency and Restructuring Practice. The appointment is effective from 1 June 2019. Sunny Hathiramani first joined Tanner De Witt as a paralegal in 2008. He completed…Read More
Overview of Insolvency Law in Hong Kong
This paper sets out a brief overview of corporate insolvency law in Hong Kong and compares and contrasts the insolvency laws in Hong Kong with those of other jurisdictions. It was discussed at the Insolvency Session of the IATA Legal Symposium 2006. Hong Kong Insolvency…Read More
Challenges of Cross-Border Insolvencies
The UNCITRAL Model Law on Cross-Border Insolvency, Hong Kong and the Commonwealth Background The United Nations Commission on International Trade Law (UNCITRAL) initiated the Model Law against the backdrop of increasing incidence of cross-border insolvencies. National insolvency laws were considered ill-equipped to deal with cases…Read More
Liquidator’s Avoidance Powers: Unfair Preference and Fraudulent Conveyance
Background In an insolvent winding up in Hong Kong, a liquidator’s primary duties are to realize the company’s assets and settle its liabilities. In doing so, the liquidator will review past conduct, decisions and actions in relation to the operation of a company and the…Read More
Overview of the Insolvency Regime in Hong Kong
1 Issues Arising When a Company is in Financial Difficulties 1.1 How does a creditor take security over assets in Hong Kong? Generally speaking, a creditor taking security over the assets of a Hong Kong company is most likely to do so by either a…Read More
Corporate Rescue in Hong Kong: What will it eventually look like?
Introduction Unlike many other common law jurisdictions, Hong Kong still lacks a statutory corporate rescue regime, despite a proposal for one first having been made by the Law Reform Commission in 1996 and a proposed bill containing a corporate rescue regime subsequently being introduced in…Read More
Accumulators and Lehman Brothers Minibonds: Know the products, know your rights
Recently there has been a lot of discussion among legislators, regulators and investors concerning the mis-selling of accumulators and Lehman Brothers Minibonds. Since the fall of Lehman Brothers in September 2008, many investors, be they individual or institutional, have suffered huge losses from their investments,…Read More