4 Jun 2020
RE THE LIQUIDATOR OF SHENZHEN EVERICH SUPPLY CHAIN CO, LTD
- Citation
- [2020] HKCFI 965
- Court
- Court of First Instance
- Case number
- HCMP708/2020
The Mainland winding-up and the Mainland-appointed liquidator are recognised because the proceedings are collective and were opened in the company’s place of incorporation; accordingly the Court will grant ancillary assistance under Hong Kong insolvency law limited to what is necessary for the liquidator to perform its functions and consistent with Hong Kong substantive law and public policy, which includes the specific powers ordered (document production, asset and book control, bank account operation, litigation powers and express control over subsidiaries) and recognition of Mr Yao Kun as…