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Global economy proves resilient to geopolitical volatility, but key markets are threatened by shifts in international trade

The international restructuring landscape is evolving rapidly. In the EU, efforts to harmonize member states’ legal regimes continue. In the Middle East, maturing legal frameworks are creating greater certainty for...more

Mainland China and Hong Kong markets continue to experience distress, with further “second round” restructurings expected

Mainland China and Hong Kong are grappling with ongoing market distress and continued pressure on their real estate sectors. As restructuring activity intensifies, we look ahead to how these deals are likely to play out over...more

Insolvency vs Arbitration – Privy Council’s revival of the “Established Approach”

How does an arbitration clause, or an exclusive jurisdiction clause in favour of foreign courts, affect insolvency proceedings? The effect of an arbitration clause, or an exclusive jurisdiction clause in favour of foreign...more

Bankruptcy Petition vs Exclusive Jurisdiction Clause

Who has the last word? The effect of an exclusive jurisdiction clause on insolvency proceedings - On 4 May 2023, the Court of Final Appeal (CFA) handed down its much-awaited judgment in Re Guy Kwok Hung Lam [2023] HKCFA...more

Hong Kong recognises administrators appointed under the Enterprise Bankruptcy Act of the People’s Republic of China

On 15 January 2020, we published a newsflash regarding the decision of the Hong Kong Court of First Instance dated 13 January 2020 (Decision) on the recognition of the appointment of bankruptcy administrators of CEFC Shanghai...more

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