14 Nov 2002
RE LUEN CHEONG TAI CONSTRUCTION CO. LTD. ("the Company")
- Citation
- RE LUEN CHEONG TAI CONSTRUCTION CO. LTD. ("the Company")
- Court
- Court of First Instance
- Case number
- HCCW190/2002
The court appointed Messrs Yeo and Liu because the advantages of a single team handling investigations and potential group restructuring outweighed the speculative conflicts; there was no real or serious conflict that would preclude their appointment, whereas concerns about H & G's resources and its close relationship with a conflicted firm (Nelson Wheeler) justified declining to uphold the earlier creditors' resolution in favor of H & G.