13 Jan 2025
RE ADD HERO HOLDINGS LTD
- Citation
- [2025] HKCFI 310
- Court
- Court of First Instance
- Case number
- HCMP1695/2023
The Court sanctioned the Holdings' and Hero's Schemes because the statutory majorities required by s670 were obtained, meetings were properly convened, the classes were properly constituted (only rights varied by the Schemes determine class composition), the Explanatory Statement provided sufficient information for creditors to make an informed decision, overlapping creditors' additional interests were not shown to have rendered their votes unrepresentative, no blot or fundamental defect undermined the Schemes, and the Schemes were effective in the jurisdictions necessary to achieve their res…