Market Intelligence

The Hong Kong Courts have considered the scope of recognition and assistance available to foreign liquidators in two recent decisions.

The Cayman Islands Court continues to refine the boundaries between Restructuring Officer appointments and light-touch Joint Provisional Liquidations, with recent decisions clarifying when each regime is appropriate for distressed companies. As cross-border recognition concerns and governance complexities shape these choices, practitioners must navigate an evolving landscape where the right restructuring tool depends on management capability, creditor engagement, and the need for investigative powers.

The Hong Kong High Court has clarified the scope of powers available to foreign liquidators seeking recognition and assistance in Hong Kong, establishing that the extent of assistance depends critically...

Hong Kong's debt recovery landscape has become increasingly challenging, with corporate insolvencies rising 45% in 2025 and bankruptcy petitions climbing to over 10,000. This comprehensive guide explores the legal pathways available to creditors, from initial demand letters to enforcement mechanisms, and examines when civil litigation versus insolvency proceedings may be the most effective strategy for recovering outstanding debts.

In Re Fantasia Holdings Group [2026] HKCFI 3449, the Hong Kong Court of First Instance sanctioned a scheme of arrangement under section 670 of the Companies Ordinance...

The Hong Kong Court has recently handed down a landmark decision in Re USUM Investment Group Limited [2026] HKCFI 1320, addressing the scope of its power to recognise restructurings approved by non-Hong Kong...