Search results

Order by most recent / most popular / relevance

Results: 1-9 of 9

Bar date imposed for Lehman Brothers' Hong Kong entities

Mayer Brown LLP
-
Hong Kong
-
September 7 2010

The insolvency proceedings of the Lehman Brothers' group of companies worldwide ("Group") are among the most complicated ones we have seen

Bankruptcy & substituted service: petitioning creditors beware...

Mayer Brown LLP
-
Hong Kong
-
March 2 2012

As many will know, a failure to “...do all that is reasonable for the purpose of bringing the statutory demand to the debtor’s attention...” may result in an annulment of a bankruptcy order

MF Global interim distribution of client money

Mayer Brown LLP
-
Hong Kong
-
May 4 2012

Did you know...that in the recent case of Re MF Global Hong Kong Limited 2011 HKCFI 1998, where money of one client in the segregated bank account of a failed brokerage cannot specifically be distinguished from that of another client, and practical considerations do not favour a forensic tracing of each client's entitlement, the court held that a "pari passu ex post facto" approach to distribution of the trust funds would instead be more appropriate

Provisional liquidations & the taxation of fees

Mayer Brown LLP
-
Hong Kong
-
June 29 2012

DID YOU KNOW...that interim fees incurred by provisional liquidators (including agents’ fees), previously thought to have been payable from the funds of an insolvent estate without formal taxation, are now required to be taxed

Court rules on Yung Kee restaurant case

Mayer Brown LLP
-
Hong Kong
-
November 14 2012

The Court of First Instance delivered its judgment in the high-profile case of Kam Kwan Sing v Kam Kwan Lai & Ors. (HCCW 1542010) on 31 October 2012, in which the Petitioner applied to wind up Yung Kee Holdings Limited, the company indirectly holding the well known Yung Kee restaurant in Central, Hong Kong

Value for money - the guiding principle in assessing liquidators' remuneration on administration of trust assets

Mayer Brown LLP
-
Hong Kong
-
January 29 2013

Did you know that the court's guiding principle on assessing remuneration for liquidators in respect of their administration of trust assets held by

Litigation funding for liquidators in Hong Kong: exemption applied with a PRC twist

Mayer Brown LLP
-
Hong Kong
-
July 30 2012

In the recent decision of Re Po Yuen (To’s) Machine Factory Limited 2012 HKCU 816, the Honourable Mr. Justice Harris confirmed that the liquidators of a company in liquidation may enter into a litigation funding arrangement with a third party and that the funding may come in the form of a contingency fee arrangement with the third party

Resolving the conflict: a pragmatic approach to the appointment of receivers as provisional liquidators

Mayer Brown LLP
-
Hong Kong
-
May 18 2012

Did you know... that the court may, in special circumstances, exercise its discretion to appoint pre-existing receivers as a company’s provisional liquidators

Liquidators' costs in a preference claim

Mayer Brown LLP
-
Hong Kong, United Kingdom
-
May 13 2013

In The Joint and Several Liquidators of QQ Club Limited (in liquidation) v. Golden Year Limited (HCCW 2452011, 9 April 2013) (QQ Club), the Court of