Insolvency

06May2024

Stop resisting! Solicitors must deliver up the client files of its former insolvent client to the liquidators.

In what can only be described as a regretful sequence of events, a firm of solicitors was ordered to pay indemnity costs for unreasonably refusing to deliver up its former client’s files to the liquidators where no lien was claimed.  Legal practitioners should bear in…Read More

02May2024

A “one stop” recognition order requiring non-responsive third parties to comply

Given Hong Kong’s status as an international financial hub and the fact that more than 75% of the companies listed on the main board of the Hong Kong Stock Exchange are incorporated in either the Cayman Islands or in Bermuda (only around 11 percent are…Read More

29Apr2024

The Legacy of Re Guy Lam Lives on

The landmark Court of Final Appeal (“CFA”) decision of Re Guy Lam[1] has generated numerous articles written by practitioners and academics on the interaction between exclusive jurisdiction clauses and the court’s jurisdiction to wind up or bankrupt a debtor.  Following the CFA’s decision, the Guy…Read More

07Feb2024

5 Most Impactful Hong Kong Restructuring and Insolvency cases in 2023

2023 was a busy year for the restructuring and insolvency industry in Hong Kong. we had a ground breaking decision of the Court of Final Appeal (CFA) ruling on the conflict between dispute resolution clauses and the Court’s jurisdiction to wind-up/bankrupt a debtor. We also…Read More

18Jan2024

Tanner De Witt is delighted that our law firm has achieved consistent recognition in Chambers and Partners Greater China Region Guide 2024

Tanner De Witt is delighted that our law firm has achieved consistent recognition in Chambers and Partners Greater China Region Guide 2024. We are honoured to have maintained top-notch rankings for an impressive 14-year stretch. Big congratulations to our exceptional team for earning this well-deserved recognition. Restructuring & Insolvency:…Read More

22Nov2023

Tanner De Witt at the Singapore Insolvency Conference 2023

Ian De Witt and Robin Darton represent Tanner De Witt at the Singapore Insolvency Conference 2023. Their participation showcases our commitment to staying abreast of industry trends and fostering meaningful connections with the insolvency community.

25Sep2023

Bankruptcy overturned – can I have my money back please?

Where a bankruptcy order is set aside after a successful appeal by the debtor, who should be liable for the fees and expenses of the trustees in bankruptcy (whether the Official Receiver (as provisional trustee) or trustees appointed by the creditors)? Should such fees and…Read More

14Aug2023

Will the Real Bondholder Please Stand Up? Unravelling the Locus Standi of Global Note Investors in Winding-Up Petitions

Introduction In a landmark decision issued in July, Re Leading Holdings Group Limited [2023] HKCFI 1770, the Hong Kong Courts addressed, for the first time, the right of an investor of a global note to present a winding-up petition as a contingent creditor. The Case…Read More

07Aug2023

Recent Changes to Hong Kong Bankruptcy Laws; a win for creditors and the environment

The Government of Hong Kong continues its push towards favouring digitisation over using hardcopy documents.  The new changes to local bankruptcy laws allows: (1) electronic service of statutory demands; (2) using electronic bundles and skeletons for winding-up and bankruptcy applications; and (3) allowing electronic submission…Read More

28Jul2023

ChatGPT for lawyers – are we out of a job?

It is almost impossible to open a newspaper these days without being confronted by a dozen or so articles about Artificial Intelligence. OK , so I guess the reference to a ‘newspaper’ was the first clue to the fact that I may not be in the…Read More

21Jul2023

Five Tanner De Witt partners once again ranked in the 2023 edition of Who’s Who Legal (WWL)

We are pleased to say that the firm is well represented in rankings published in the 2023 edition of Who’s Who Legal (WWL). in the fields of Restructuring and Insolvency; Asset Recovery; Labour and Employment; and Pensions and Benefits. Partners Ian De Witt, Robin Darton,…Read More

04Jul2023

Veronica Chan awarded as “junior” woman under the age of 40 who is a name to watch in the future by GRR

Tanner De Witt is delighted to announce that one of our Partners, Veronica Chan, has been recognised as “junior” woman under the age of 40 who is a name to watch in the future by Global Restructuring Review. In a survey conducted by Global Restructuring…Read More