Insolvency

21Jan2016

Tanner De Witt wins a 2015 China Business Law Award

Tanner De Witt is thrilled to be a winner in the 2015 China Business Law Awards for its restructuring and insolvency practice. The China Business Law Awards are presented by the China Business Law Journal and will be published in a special report in the…Read More

29Oct2015

Robin Darton chairs opening session at Hong Kong’s 2015 TMA Symposium

Tanner De Witt was delighted to participate in the 2015 TMA Symposium which took place on Friday 23rd October in Hong Kong. Robin Darton chaired the first session entitled The NPL Portfolio Investment Cycle in the PRC: from Origination to Exit alongside Clement Sun, Director…Read More

19Oct2015

Legal update: Hong Kong Insolvency Law – in need of its own restructuring?

The purpose of this short note is not to conduct a detailed critique of the law in Hong Kong in this very broad and complex area but to provide a brief sketch as to certain of the challenges faced by industry professionals and what steps…Read More

16Oct2015

Robin Darton chairs session at TMA Symposium in Hong Kong

Tanner De Witt’s Robin Darton sits on the organising committee of and will chair the first session at Turnaround Management Association’s second annual Symposium in Hong Kong on October 23 2015 to be held at Latham & Watkins’ offices. This symposium will involve discussions between…Read More

18Jun2015

Legal update: Bankruptcy – Discharge or Extension? A tougher approach by the Courts

Introduction When an individual is adjudged bankrupt, the property of the bankrupt vests in the trustees.  A bankrupt’s duties include cooperating with the trustees and to assist them to recover and realise his assets.  Since the legislation was amended in 1998, in Hong Kong a…Read More

12Jun2015

Tanner De Witt Legal Secretary Roles – Insolvency and Litigation (2+ years’ experience)

THIS POSITION HAS BEEN FILLED. WE ARE NO LONGER ACCEPTING APPLICATIONS.  Tanner De Witt offers two legal secretary positions: 1. Legal Secretary (Insolvency) 2. Legal Secretary (Litigation) Responsibilities: Provide secretarial support to a team of Litigation and Dispute Resolution/Insolvency and Debt Recovery lawyers Update and…Read More

27Feb2015

Overview of Insolvency Law in Hong Kong

This paper sets out a brief overview of corporate insolvency law in Hong Kong and compares and contrasts the insolvency laws in Hong Kong with those of other jurisdictions. It was discussed at the Insolvency Session of the IATA Legal Symposium 2006. Hong Kong Insolvency…Read More

27Feb2015

Challenges of Cross-Border Insolvencies

The UNCITRAL Model Law on Cross-Border Insolvency, Hong Kong and the Commonwealth Background The United Nations Commission on International Trade Law (UNCITRAL) initiated the Model Law against the backdrop of increasing incidence of cross-border insolvencies. National insolvency laws were considered ill-equipped to deal with cases…Read More

27Feb2015

Overview of the Insolvency Regime in Hong Kong

1 Issues Arising When a Company is in Financial Difficulties 1.1 How does a creditor take security over assets in Hong Kong? Generally speaking, a creditor taking security over the assets of a Hong Kong company is most likely to do so by either a…Read More

27Feb2015

New Statement on Professional Ethics in Liquidation and Insolvency

From 1 April 2012 Hong Kong insolvency practitioners will have to contend with a much expanded statement on “Professional Ethics in Liquidation and Insolvency” in the HKICPA’S Code of Ethics for Professional Accountants (the “Code”). The new statement on “Professional Ethics in Liquidation and Insolvency”…Read More

27Feb2015

Protection of Wages on Insolvency (Amendment) Ordinance 2012

Employees in Hong Kong famously enjoy a relatively liberal 12 days of statutory holidays every year (statutory holidays are referred to as “public holidays” in certain other jurisdictions where, rather confusingly, the term “statutory holidays” is used to refer to annual leave). When you factor…Read More

24Feb2015

Tanner De Witt is delighted to be shortlisted for Hong Kong National Firm of the Year by Chambers Asia Pacific 2015

The Chambers Asia-Pacific 2015 rankings were recently published and in addition to achieving Band 1 rankings for Employment and Restructuring and Insolvency, Tanner De Witt has been nominated alongside five other firms for Hong Kong National Firm of the Year 2015. We are thrilled to be…Read More