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15 Apr 2020

Recognition of foreign “soft-touch” provisional liquidators: Re-affirming the Hong Kong Court’s approach to cross-border insolvency

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Re Joint Provisional Liquidators of Moody Technology Holdings Ltd [2020] HKCFI 416

The Hong Kong Court has explained why there is no inconsistency between: (a) its domestic insolvency law which does not permit the appointment of provisional liquidators purely for the purposes of restructuring the company; and (b) common law recognition of foreign “soft-touch” provisional liquidators.

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