6 Jan 2026
RE SUNAC CHINA HOLDINGS LTD
- Citation
- [2026] HKCFI 68
- Court
- Court of First Instance
- Case number
- HCMP729/2025
Applying the statutory tests and established authorities the Court found the Scheme to be for a permissible purpose, the Scheme Creditors were properly classified as a single class, the Convening Order and explanatory statement were sufficient under s.671(3), the required statutory majorities under s.674(1)(b) were achieved, an intelligent and honest creditor could reasonably approve the compromise given materially improved recoveries compared with liquidation, and there was credible expert evidence of a real prospect of effectiveness or recognition in the Mainland; no blot or impediment was…