Mutual recognition of and assistance to bankruptcy/insolvency proceedings between Hong Kong and Mainland China
By EsqSocial Corporation 19/05/21
A new framework will be introduced for the cooperation between the courts of Hong Kong and Mainland China on cross-border corporate insolvency. The Secretary for Justice, Ms Teresa Cheng SC, and Vice-president of the Supreme People’s Court (SPC), Mr Yang Wanming, signed a Record of Meeting in Shenzhen on 14 May 2021 to signify the consensus on the mutual recognition of and assistance to insolvency proceedings between the two places....
By: Dentons