17 Jun 2004
RE THE SUN\'S GROUP LTD
- Citation
- RE THE SUN\'S GROUP LTD
- Court
- Court of First Instance
- Case number
- HCCW426/2003
The Deloittes candidates were appointed because a prima facie case for winding up existed and they were independent with no material professional relationship with the Group; KPMG and RSM were unsuitable because their prior appointments as receivers over substantial Group assets created a reasonable perception of lack of independence and potential conflict, given provisional liquidators may need to investigate and review receivers' conduct and remuneration.