Company Law in Hong Kong: Insolvency 2020 - Bankruptcy / Insolvency - Law

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Company Law in Hong Kong: Insolvency 2020

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Company Law in Hong Kong: Insolvency, 2020 provides the most recent precedents, case law, decisions, and amended legislation relating to all the surviving sections of the re-titled Companies (Winding-Up and Miscellaneous Provisions) Ordinance (Cap. 32).

Annual Update – updates of the most recent cases and application of the Companies Ordinance (Cap.622) now more than four years after its enactment

• The progress of the four main objectives of this Ordinance remains the point of focus:

(i) Enhancing corporate governance;

(ii) Ensuring better regulations;

(iii) Facilitating business in Hong Kong; and

(iv) Modernising the law, fours years after its full and complete enactment.

Incorporates amendments introduced by the Companies (Amendment) (No 2) Ordinance 2018:

(i) Reporting exemption – expanding the scope for simplified reporting

(ii) Updating relevant accounting-related provisions

(iii) Streamlining and clarifying provisions to facilitate compliance

(iv) Display of company names for non-Hong Kong companies

(v) Alignment of penalty provisions relating to financial statements and reports
Chapter 1 – Directors

Chapter 2 – Role and Status of Liquidators

Chapter 3 – Provisional Liquidation

Chapter 4 – Winding Up by the Court

Chapter 5 – Members’ Voluntary Winding Up

Chapter 6 – Investigations, Assets, Claims, and Realizations

Chapter 7 – Creditors in Winding Up

Chapter 8 – Schemes of Arrangement

Chapter 9 – Setting Aside of preferences and Trading Issues

Chapter 10 – Liquidation Costs

Chapter 11 – Receivership

Chapter 12 – Cross Border Issues

Chapter 13 – Corporate Rescue

Chapter 14 – Bankruptcy Law in China
- Stefan Lo - Dept of Justice
- John Hickin - Mayer Brown JSM
- Richard Tollan - Mayer Brown JSM
- Rachel Lam - Des Voeux Chambers
- Jose-Antonio Maurellet - Des Voeux Chambers
- Teresa Wu - Des Voeux Chambers
- Phillip Gilligan - Deacons
- Simon Powell - Latham & Watkins

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