15 Jul 2024
RE PPLIVE SPORTS INTERNATIONAL LTD (in liq)
- Citation
- [2024] HKCFI 1850
- Court
- Court of First Instance
- Case number
- HCMP612/2024
The court granted the letter of request because the liquidators met the Cooperation Mechanism criteria: they are Hong Kong liquidators seeking assistance from a Mainland pilot court; the Company’s COMI is Hong Kong for more than six months; the Company holds principal assets and potential claims in Shanghai; and recognition and assistance are necessary to obtain information, secure assets and pursue recoveries in the Mainland where banks and parties will not cooperate without a Mainland court order.