18 Apr 2000
Re Full Keen Investment Ltd.
- Citation
- Re Full Keen Investment Ltd.
- Court
- Court of First Instance
- Case number
- HCMP429/2000
Applying the rights test, the court found no material dissimilarity of legal rights among the creditor classes such as would make consultation impossible or produce confiscation or injustice; disputed claims valued at HK$0 after specialist assessment could be excluded from voting; the procedural irregularities were technical and properly waived; independent and objective creditors provided substantial support so the court would exercise its discretion to sanction the 25 schemes (subject to stock exchange approval).