Hong Kong Case Law: Decisions & Judgments | LexChat

Hong Kong Case Law

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  • 13 Dec 2023

    RE SOFTMEDX HEALTHCARE LTD

    Citation
    [2024] HKCFI 69
    Court
    Court of First Instance
    Case number
    HCMP1126/2023

    The court was satisfied that the statutory and judicial criteria for sanctioning a scheme of arrangement under s673 were met: the scheme had been properly approved by the requisite majorities of creditors, complied with applicable law, and was fair in the circumstances; accordingly the court sanctioned the scheme and ordered relief in terms of the draft presented.