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ARTICLE · 04 SEPTEMBER 2025

Landmark BVI Derivative Application Win Paves The Way For Hong Kong Proceedings

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Conyers is pleased to announce that following a highly contested and vigorously opposed two-day hearing on 25 and 26 June 2025, the BVI High Court granted a significant victory to Mr Ma...

SingaporeLitigation, Mediation & Arbitration
Anna Lin
Anna Lin
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Conyers is pleased to announce that following a highly contested and vigorously opposed two-day hearing on 25 and 26 June 2025, the BVI High Court granted a significant victory to Mr Ma, Kwok Leung, to commence derivative proceedings on behalf of Xeno Origin Limited, a BVI company currently under joint receivership.

Brief Background

The proceedings, heard before Honourable Justice Gerhard Wallbank on 25 and 26 June 2025, centred on Mr Ma's application for leave to bring derivative claims in Hong Kong on behalf of Xeno Origin Limited. The case involved intricate issues of standing, the merits of the underlying claims, and the statutory requirements under section 184C of the BVI Business Companies Act.

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