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Hong Kong decisions
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The court refused a further adjournment of a winding-up petition, finding no concrete restructuring proposal had been produced and made a winding-up order.
The Court of First Instance sanctioned China Ecotourism Group Limited’s scheme of arrangement, holding that a typhoon-related adjournment did not vitiate the meeting.
The Court sanctioned DreamEast Group Limited’s scheme of arrangement and granted a permanent stay of the winding-up, conditional on the scheme becoming effective.
The Court of First Instance sanctioned Times China Holdings Limited’s scheme of arrangement, subject to amendments on voting threshold and removal of a Chapter 15 condition.
The court refused an immediate winding-up order and adjourned the petition to 19 November 2025, requiring a detailed restructuring progress report by 24 October 2025.
The Court of First Instance sanctioned Golden Wheel Tiandi Holdings' scheme of arrangement to restructure its debt and release certain third parties.
The Court of First Instance refused a further adjournment of a winding-up petition and made a winding up order against Sino Oil and Gas Holdings Limited.
Hong Kong CFI sanctioned parallel schemes for China Aoyuan Group and Add Hero Holdings to restructure over US$6.2 billion of debt despite an opposed creditor challenge.
The court made usual winding-up orders after undisputed debts were not paid and the companies failed to show a concrete, funded restructuring with creditor support.
The High Court of Hong Kong sanctioned Helenbergh China Holdings Limited’s scheme of arrangement for its notes, rejecting the objector’s disclosure and pari passu complaints.
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