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30 May 2023

Cross border recognition and assistance – guidance from recent Hong Kong Court judgment 跨境认可和协助 - 近期香港法院判决指引

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Re: Guangdong Overseas Construction Corporation (in liquidation) (date of decision: 17 May 2023) 关于广东海外建设总公司(清盘中)(裁决日期:2023年5月17日)。

In this recent judgment handed down by The Honourable Madam Justice Linda Chan, the Court provided explanation on the practice for applications on cross border recognition and assistance by Mainland Administrators. The principle and practice explained in the judgment are consistent with a number of previous decisions on similar applications which hopefully would provide confidence to foreign insolvency practitioners especially Mainland Administrators.

在最近由陈静芬法官作出的判决中,香港法院就内地管理人申请跨境认可和协助作出了解释。 该判决书所阐述的原则和做法与先前一些类似申请的决定是一致的,希望此将为香港特区以外的破产从业人员,特别是内地管理人带来信心。

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