Hong Kong Case Law: Decisions & Judgments | LexChat

Hong Kong Case Law

Court confidentiality
  • 23 Feb 2009

    RE PEACE MARK (HOLDINGS) LTD

    Citation
    RE PEACE MARK (HOLDINGS) LTD
    Court
    Court of First Instance
    Case number
    HCCW420/2008

    Peace Mark Limited was ordered wound up because the petitioning creditor established the debt and relevant stakeholders supported winding up; Peace Mark (Holdings) Limited's petition was adjourned to allow provisional liquidators to pursue sale negotiations and further reporting, with the court exercising its discretion to protect asset value and confidentiality by sealing reports.