Month: January 2014

S.228A Liquidations – Take Care!

By Stephen Briscoe, Managing Director Recently, the Court was asked to consider the circumstances in which it was appropriate to use the s.228A procedure to place a company into liquidation. Given that liquidations started using this procedure are relatively infrequent,

To Sue or not to Sue – A Liquidators’ Perspective

By Wong Teck Meng & Derek Lam Time and time again liquidators of insolvent companies and trustees of bankrupts are faced with potential litigation which they must decide whether to commence or continue.  This is the first of two posts

Updating the Companies Ordinance

A Missed Opportunity Republished with permission. This article first appeared in INSOL World magazine Q4 2013 By: Stephen Briscoe and Nichole Chan, BWA Hong Kong’s efforts to modernize the city’s corporate insolvency laws have resurfaced almost two decades after the