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Troy Greig
Directors guilty of fraudulent trading
Directors beware! Under section 275 of the Companies (Winding Up and Miscellaneous Provisions) Ordinance, if during the winding-up of a company liquidators discover that the business was carried on with intent to defraud creditors (or for any fraudulent purpose), then they can apply to the…Read More
Press release: Tanner De Witt Announces Partner Jeff Lane’s Retirement from Partnership to a Consultant Role
Hong Kong, 31 May 2024 — Tanner De Witt, a leading Hong Kong law firm, announces the retirement of Partner Jeff Lane from the partnership as of 31 May 2024 but is also pleased to announce that Jeff Lane will continue with the firm in a…Read More
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
Our Restructuring and Insolvency Practice is acknowledged in Global Restructuring Review’s GRR100 2023
We are pleased to share that for the fifth year running our Restructuring and Insolvency Practice is acknowledged as a key player and remains the sole Hong Kong-centred firm in Global Restructuring Review’s GRR100 2023 compilation of the world’s leading law firms for cross-border restructuring and…Read More
Service by NFT – Court serves defendants by ‘airdrop’ into digital wallet
BACKGROUND In D’Aloia v (1) Persons Unknown and (2) Binance Holdings Limited and others, the High Court of England and Wales granted the claimant permission to serve court proceedings on ‘persons unknown’ over blockchain, by way of non-fungible tokens (NFTs). NFTs NFTs are a relatively…Read More
Agreeing to be unfair: Can shareholders agree to oust the right to petition to wind up a company?
Establishing a new company can be nerve-racking. A well-drafted shareholders’ agreement ensures that everyone’s respective rights and obligations are clear, helping to minimise potential future disputes. But what are the limits of these agreements; can a shareholder agree that it will not present an “unfair…Read More
You Only Liquidate Twice
Can a winding-up petition be presented when a company is being wounded up voluntarily? The relevant law (the Companies Winding Up and Miscellaneous Provisions Ordinance) states clearly that the winding up of a company shall not bar the right of any creditor (or contributory) to…Read More
Troy Greig promoted to Partner to further boost Tanner De Witt’s Restructuring and Insolvency Practice
Tanner De Witt is pleased to announce the appointment of restructuring and insolvency lawyer Troy Greig as a Partner of the firm. Troy remarks: “I am incredibly grateful to the Partners and staff for their continuing support; to be afforded this opportunity with TDW is an…Read More
Tanner De Witt recognised in Global Restructuring Review’s GRR100 2021 list
We are delighted to announce that Tanner De Witt’s award-winning, top tier Restructuring and Insolvency practice is once again listed in the Global Restructuring Review’s GRR100 2021 compilation of the world’s leading law firms for cross-border restructuring and insolvency matters. We continue to be the only firm from Hong…Read More
Four things for directors to keep in mind when considering appointing liquidators
Handing over control of a company to strangers is a tough decision, but is one that is ever-present for a director facing the prospect of insolvency. Ian De Witt and Troy Greig point to some high-level issues that any sensible director facing this scenario should…Read More
Legal update: Bankrupt’s contact details are not ‘confidential’, ‘private’ or ‘privileged’
A bankrupt’s solicitors can be required to handover to the trustees in bankruptcy the bankrupt contact information, full details of last known whereabouts, and client trust account ledger records, pursuant to section 29 of the Bankruptcy Ordinance. The successful deployment of the trustees examination powers…Read More
Press Release: Tanner De Witt promotes Troy Greig to Consultant
Tanner De Witt announces with great pleasure the promotion of Troy Greig to one of the firm’s few Consultant roles. The promotion took effect on 1 March 2020. An adept international lawyer, Troy has considerable insolvency and restructuring experience, having worked with top tier firms in Australia…Read More
