Cross-border Dialogue Between Hong Kong And Mainland China on Insolvency Law

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In January 2025 in Beijing, a delegation of INSOL members led by Andrew Koo (INSOL Fellow) and John Lees (INSOL Past President) together with Hong Kong barrister Michael Lok, Alexander Tang (INSOL Fellow), and Howard Lam (INSOL Fellow), participated in a roundtable on crossborder insolvency topics with a team of prominent PRC bankruptcy experts led by Professor Li Shuguang, China University of Political Science and Law. Given the tremendous growth of the Chinese economy and overseas investments in the past few decades, corporate insolvency law in the PRC has become a priority area for legislative development and collaboration among practitioners both onshore and offshore. This ongoing dialogue between practitioners from two jurisdictions with very different legal traditions offers important opportunities for exchanging views and identifying areas of legal reform to resolve increasingly complex cross-border issues more effectively.

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