11 May 2021
RE CHINA BOZZA DEVELOPMENT HOLDINGS LTD
- Citation
- [2021] HKCFI 1235
- Court
- Court of First Instance
- Case number
- HCMP172/2021
The court recognised the Cayman-appointed joint provisional liquidators under principles of private international law but declined to grant broad active assistance because the evidence showed inadequate legal advice, no demonstrable restructuring plan, and failure to prioritise creditors' interests, while preserving liberty to apply if justification is shown.