6 Mar 2014
RE GLOBAL HONG KONG LTD
- Citation
- RE GLOBAL HONG KONG LTD
- Court
- Court of First Instance
- Case number
- HCCW356/2011
The court granted the liquidators' application: it sanctioned the affiliate agreements and authorised entry into a materially equivalent Polaris agreement; it vested the liquidators with final determination of qualifying clients' entitlements, allocated unallocated balances to the client money pool, authorised conversion of foreign currency client money to HKD, approved a further interim distribution not exceeding HK$110,000,000 to qualifying clients on a pari passu basis, authorised costs of administration and this application to be paid from client money prior to final distribution, ordered…