20 Mar 2018
RE CHINA SOLAR ENERGY HOLDINGS LTD
- Citation
- [2018] HKCFI 555
- Court
- Court of First Instance
- Case number
- HCCW108/2015
Provisional liquidators lawfully appointed on orthodox asset preservation and investigative grounds may be granted restructuring powers and, where those powers were properly conferred, the PLs may continue to complete the restructuring; Re Legend does not require discharge of PLs merely because restructuring is their primary remaining function; a company’s listing status can constitute an asset in jeopardy justifying PL appointment; Ankang’s application to discharge PLs is dismissed.