In this edition of the Going concerns, our Stephenson Harwood restructuring and insolvency team provides a brief update on the newest developments in Singapore, UK and Hong Kong. For Singapore, we update on the “conflict” between the admiralty and insolvency regimes while our London team provides an update on the cutting-edge Part 26A restructuring plans. Last but certainly not least, our Hong Kong team dissects and discusses the significance and impact of the new cooperation mechanism for Hong Kong liquidators and Mainland administrators to seek mutual recognition and assistance.
Content
- Admiralty winning? – Scheme/ judicial management versus the admiralty regime
- Quick bites of the Simplified Insolvency Programme for micro and small companies
- Winding up test clarified
- New restructuring tools in the UK
- Expansion of the Hong Kong restructuring and insolvency market – Mutual recognition and assistance to Insolvency/Bankruptcy Proceedings between Hong Kong and Greater China
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