Author

Rachel Hui

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In brief From a civil litigation and insolvency perspective, we look at the key impacts of the Hong Kong Courts’ recent General Adjournment of Proceedings (GAP) from 7 March 2022 to 11 April 2022 and related governmental closures. Key takeaways The recent implementation of GAP has resulted in a de facto stay of new actions and proceedings, and adjournment of existing actions, including bankruptcy and winding-up petitions.While monitoring the GAP situation, debtors and creditors should…

In brief In the recent decisions in Re The Joint and Several Provisional Liquidators of Agritrade Resources Ltd (in Provisional Liquidation in Bermuda) [2020] HKCFI 1967 (HCMP 925/2020, 18 August 2020) (“Re Agritrade”) and Re The Joint and Several Provisional Liquidators of Rare Earth Magnesium Technology Group Holdings Ltd (in Provisional Liquidation in Bermuda) [2020] HKCFI 2260 (HCMP 1274/2020, 3 September 2020) (“Re Rare Earth”), Justice Harris re-affirmed the Hong Kong Companies Court’s willingness to recognise foreign provisional liquidators…