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Hong Kong Case Law

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Company law [2022] HKCFI 2386

RE CHAN PUI SZE AND OTHERS

The High Court ordered Silver Base Group Holdings Limited wound up in Hong Kong under section 327 Cap 32, finding sufficient Hong Kong connection, local benefit, and Hong Kong creditors.

  • Recognition of foreign liquidators
  • Winding up of foreign company under section 327 cap 32
  • Centre of main interests (comi)
  • Ancillary liquidation
  • Jurisdictional connection
  • Company-winding-up
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Insolvency [2022] HKCFI 1789

PROVISIONAL LIQUIDATOR OF GLOBAL BRANDS GROUP HOLDING LTD (IN LIQUIDATION) v. COMPUTERSHARE HONG KONG TRUSTEES LTD AND ANOTHER

The Hong Kong Court of First Instance recognised a Bermuda provisional liquidator and granted limited assistance to secure and transfer specified Hong Kong assets.

  • Recognition and assistance
  • Centre of main interests (comi)
  • Modified universalism
  • Provisional liquidation
  • Ancillary liquidation
  • Transfer of assets
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Company law RE PIONEER IRON AND STEEL GROUP CO LTD

RE PIONEER IRON AND STEEL GROUP CO LTD

The court held that the BVI liquidators lacked locus to present the petition, refused amendment to change the petitioner, but found sufficient Hong Kong connection and adjourned for substitution.

  • Winding-up of foreign/unregistered company
  • Locus standi to present petition
  • Jurisdiction under section 327
  • Amendment of petition and procedural rules
  • Ancillary liquidation
  • Comity and cross-border insolvency
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Company law RE INFORMATION SECURITY ONE LTD

RE INFORMATION SECURITY ONE LTD

The court ordered an ancillary winding-up of Information Security One Limited in Hong Kong, finding sufficient nexus, local assets, and likely benefit to creditors.

  • Winding-up
  • Ancillary liquidation
  • Jurisdiction to wind up unregistered foreign company
  • Examination of directors (s221)
  • Just and equitable winding up
  • Ancillary-liquidation
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Company law RE ZHU KUAN GROUP CO LTD

RE ZHU KUAN GROUP CO LTD

The court held it had jurisdiction to wind up an unregistered Macau company with sufficient Hong Kong connections and potential creditor benefit, and refused to strike out the petition.

  • Winding up
  • Jurisdiction to wind up foreign/unregistered company
  • Ancillary liquidation
  • Provisional liquidators
  • Forum non conveniens
  • Recognition of foreign liquidators
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Hong Kong decisions are organised by court, judge, legal area and indexed issue so a practitioner can move from a proposition to a citable authority with the surrounding context intact.