{"id":36071,"date":"2026-09-14T04:14:40","date_gmt":"2026-09-14T04:14:40","guid":{"rendered":"https:\/\/www.tannerdewitt.com\/?post_type=insight-and-news&#038;p=36071"},"modified":"2026-09-14T04:14:44","modified_gmt":"2026-09-14T04:14:44","slug":"another-post-re-usum-decision-hong-kong-court-grants-disclosure-relief-in-aid-of-bvi-liquidation","status":"publish","type":"insight-and-news","link":"https:\/\/www.tannerdewitt.com\/zh-hans\/insight-and-news\/another-post-re-usum-decision-hong-kong-court-grants-disclosure-relief-in-aid-of-bvi-liquidation\/","title":{"rendered":"Another post-Re USUM decision: Hong Kong Court grants disclosure relief in aid of BVI liquidation"},"content":{"rendered":"\n    \n\n<div style=\"background-image:url('https:\/\/www.tannerdewitt.com\/wp-content\/themes\/tanner-de-witt\/images\/insightdetails.jpeg')\"\n    class=\"insight-news-detail-hero\" id=\"insight-news-detail-hero\">\n\n\t\t<div style=\"background-color:\" class=\"insight-news-detail-hero-overlay \"><\/div>\n            <div class=\"z-[0]\">\n                <div class=\"insight-news-breadcrumbs flex items-end practice-areas-featured-breadcrumbs \">\n                    <a class=\"page-link no-underline\" href=\"https:\/\/www.tannerdewitt.com\/zh-hans\/\">\u9996\u9875<\/a>                <\/div>\n\n\n                <div class=\"hero-title\">\n                    <h1>\n                        Another post-Re USUM decision: Hong Kong Court grants disclosure relief in aid of BVI liquidation                    <\/h1>\n                <\/div>\n                \n                    <div style=\"\" class=\"hero-date \">\n\n                        <span class=\"month\">Sep<\/span>\n                        <span class=\"day\">14<\/span>\n                        <span class=\"year\">2026<\/span>\n                    <\/div>\n\n            <\/div>\n    \n\n    \n\n\n\n<\/div>\n\n\n\n<script >\n    (function () {\n        document.addEventListener(\"DOMContentLoaded\", () => {\n\n            const breadCrumbsContainer = Array.from(document.querySelectorAll(\".practice-areas-featured-breadcrumbs\"));\n\n            breadCrumbsContainer.forEach(container => {\n                const breadCrumbLinks = Array.from(container.querySelectorAll('.page-link'));\n                const breadCrumbSeperators = Array.from(container.querySelectorAll('.separator'));\n\n                if (Array.from(breadCrumbLinks).length === 1) {\n                    const homeNode = breadCrumbLinks[0];\n\n                    if (!homeNode) {\n                        return\n                    }\n\n                    const postTypeNode = homeNode.cloneNode(true);\n                    postTypeNode.textContent = \"Insights and News\";\n                    container.insertAdjacentHTML('beforeend', `<span class=\"separator practice-areas-featured-breadcrumb-item-slash\">\/<\/span>`)\n                    container.insertAdjacentElement('beforeend', postTypeNode)\n                    breadCrumbLinks.push(postTypeNode);\n\n                    if (\"Insights\") {\n                        const categoryNode = homeNode.cloneNode(true);\n\n                        categoryNode.textContent = \"Insights\";\n                        container.insertAdjacentHTML('beforeend', `<span class=\"separator practice-areas-featured-breadcrumb-item-slash\">\/<\/span>`)\n                        container.insertAdjacentElement('beforeend', categoryNode)\n                        breadCrumbLinks.push(categoryNode);\n                    }\n\n\n                    const titleNode = homeNode.cloneNode(true);\n\n                    titleNode.textContent = \"Another post-Re USUM decision: Hong Kong Court grants disclosure relief in aid of BVI liquidation\";\n                    container.insertAdjacentHTML('beforeend', `<span class=\"separator practice-areas-featured-breadcrumb-item-slash\">\/<\/span>`)\n                    container.insertAdjacentElement('beforeend', titleNode)\n                    breadCrumbLinks.push(titleNode);\n\n\n\n\n                }\n\n                breadCrumbLinks.forEach((link, index) => {\n\n                    link.classList.add('practice-areas-featured-breadcrumb-item-name');\n                    const origin = window.location.origin;\n                    const href = window.location.href;\n\n                    const originSplitter = window.location.href.includes(\"insight-and-news\") ? \"insight-and-news\" : window.location.href.includes('insights-and-news') ? \"insights-and-news\" : \"\"\n\n                    const paths = href.split(originSplitter);\n                    const links = paths[1].split(\"\/\").filter(Boolean)\n\n\n                    const resolvedOrigin = originSplitter ? 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In addition, the Court granted a one-stop disclosure order compelling a non-cooperative Hong Kong company to produce information and documents relating to the bank&#8217;s affairs.\u00a0 Tanner De Witt act for the joint liquidators.<\/p>\n<p id=\"ember61\" class=\"ember-view reader-text-block__paragraph\">Following the Court\u2019s landmark decision in <em>Re USUM Investment Group Ltd<\/em> <a class=\"KKhlwxghBFBrYSFmhqstHWReEjIKucTNiY \" tabindex=\"0\" href=\"https:\/\/legalref.judiciary.hk\/lrs\/common\/ju\/ju_frame.jsp?DIS=177948&amp;currpage=T\" target=\"_self\" data-test-app-aware-link=\"\" rel=\"noopener\">[2026] HKCFI 1320<\/a> earlier this year, the case provides a further illustration of the Court&#8217;s continued willingness to exercise its common law jurisdiction in support of foreign insolvency officeholders, particularly where information and records located in Hong Kong are required for the administration of an overseas insolvency.<\/p>\n<p id=\"ember62\" class=\"ember-view reader-text-block__paragraph\"><em>Background<\/em><\/p>\n<p id=\"ember63\" class=\"ember-view reader-text-block__paragraph\">Bank of Asia (BVI) Limited, a financial institution incorporated and licensed in the British Virgin Islands, entered liquidation in the BVI. The joint liquidators sought recognition and assistance in Hong Kong in connection with a Hong Kong company which had provided extensive accounting, administrative and IT support services to the bank.<\/p>\n<p id=\"ember64\" class=\"ember-view reader-text-block__paragraph\">Following their appointment, the joint liquidators sought access to the bank\u2019s books, records and operational information. \u00a0Although the Hong Kong company initially indicated that it would cooperate, the anticipated cooperation never materialised. At first, information was provided sporadically.\u00a0 Then the company took steps to change its name and its registered office address, asserted that it had ceased operations, and eventually ceased communication with the joint liquidators altogether.<\/p>\n<p id=\"ember65\" class=\"ember-view reader-text-block__paragraph\">The joint liquidators therefore applied for recognition and assistance and for an order requiring the company to produce specified information and documents.<\/p>\n<p id=\"ember66\" class=\"ember-view reader-text-block__paragraph\"><em>Recognition and assistance<\/em><\/p>\n<p id=\"ember67\" class=\"ember-view reader-text-block__paragraph\">Applying the principles recently restated in <em>Re USUM<\/em>, the Court recognised both the BVI liquidation and the appointment of the joint liquidators. The liquidation was a collective insolvency proceeding commenced in the BVI, which was both the company\u2019s place of incorporation and its centre of main interests, and there was no public policy reason to refuse recognition.<\/p>\n<p id=\"ember68\" class=\"ember-view reader-text-block__paragraph\">The Court also granted the usual suite of assistance powers, including powers to obtain information and documents, investigate the company&#8217;s affairs, protect assets, retain professional advisers and commence proceedings in Hong Kong where appropriate. Those powers mirrored powers available to the liquidators under BVI law and were supported by letters of request issued by the BVI Court.<\/p>\n<p id=\"ember69\" class=\"ember-view reader-text-block__paragraph\"><em>Disclosure orders as part of the assistance jurisdiction<\/em><\/p>\n<p id=\"ember70\" class=\"ember-view reader-text-block__paragraph\">The Court reaffirmed that the Hong Kong Court\u2019s power under common law to assist foreign officeholders extends to ordering persons within the jurisdiction to provide information and documents.<\/p>\n<p id=\"ember71\" class=\"ember-view reader-text-block__paragraph\">This power remains subject to a balancing exercise. The Court must be satisfied that the information sought is genuinely required and that the relief is not unreasonable, unnecessary or oppressive.<\/p>\n<p id=\"ember72\" class=\"ember-view reader-text-block__paragraph\">An issue arose because the BVI statutory regime distinguishes between:<\/p>\n<p id=\"ember73\" class=\"ember-view reader-text-block__paragraph\">(1)\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 the liquidators\u2019 own powers to compel the production of <em>information<\/em> from certain persons under ss. 281 &amp; 282 of the BVI Insolvency Act (\u201c<strong>Act<\/strong>\u201d) without an order of the BVI Court, and<\/p>\n<p id=\"ember74\" class=\"ember-view reader-text-block__paragraph\">(2)\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 the Court&#8217;s power to compel production of <em>documents <\/em>under ss. 284 &amp; 285 of the Act.<\/p>\n<p id=\"ember75\" class=\"ember-view reader-text-block__paragraph\">The Court had to decide whether the power under common law to assist foreign officeholders extends to making an order to compel the defendant to produce the documents sought when the BVI Court had not made an order under ss.284-285 of the Act. With reference to the principles set out in <em>Re USUM<\/em>, Her Ladyship held that \u201c<em>the power of assistance extends to granting relief which could have been made by the foreign court even though no such order has in fact been made<\/em>\u201d.<\/p>\n<p id=\"ember76\" class=\"ember-view reader-text-block__paragraph\"><em>Costs order against non-cooperative defendant<\/em><\/p>\n<p id=\"ember77\" class=\"ember-view reader-text-block__paragraph\">The judgment is also a reminder that parties who fail to cooperate with insolvency officeholders may face adverse costs consequences.<\/p>\n<p id=\"ember78\" class=\"ember-view reader-text-block__paragraph\">Although the Court noted that the costs incurred by the liquidators in seeking recognition and assistance generally remain matters for the foreign liquidation court, it distinguished the disclosure aspect of the application. The Court concluded that the disclosure application had been necessitated by the defendant&#8217;s refusal to comply with the liquidators\u2019 requests and therefore ordered the defendant to bear those costs.<\/p>\n<p id=\"ember79\" class=\"ember-view reader-text-block__paragraph\">The decision will be of practical interest to insolvency practitioners dealing with records and information located in Hong Kong.\u00a0 For entities holding books and records of an insolvent company, it serves as a reminder that non-cooperation may ultimately result in both compulsory disclosure orders and adverse costs consequences.<\/p>\n<\/div>\n<\/div>\n\n\n    <div class=\"tdw-three-cols-two-rows-article\" id=\"\">\n        <div style=\"background:#FFFFFF\"\n            class=\"three-cols-two-rows    \" id=\"three-cols-two-rows\">\n\n            <div class=\"three-cols-two-rows-title-button\">\n                <div class=\"flex flex-row justify-between w-[100%] max-w-[1360px] mx-auto\">\n                    <h3 class=\"title no-underline\">Featured Articles<\/h3>\n                    <div>\n\t\t\t\t\t\t\n\t\t\t\t\t\t\n\t\t\t\t\t\t\n                  \n\n                    <\/div>\n                <\/div>\n\n            <\/div>\n            <div class=\"three-cols-two-rows-container\">\n\n                                                                                        \n<a class=\"h-[100%] block no-underline group\" href=\"https:\/\/www.tannerdewitt.com\/zh-hans\/insight-and-news\/another-post-re-usum-decision-hong-kong-court-grants-disclosure-relief-in-aid-of-bvi-liquidation\/\">\n    <div style=\"background:#F8F8F8\" class=\"h-[100%]  article-card\"\n        id=\"article-card\">\n        <div class=\"article-card-header\">\n                                                <span style=\"color:#781d7e\" class=\"article-caption\">Insights<\/span>\n                \n            \n            <div class=\"article-title no-underline group-hover:!underline line-clamp-3\">\n                Another post-Re USUM decision: Hong Kong Court grants disclosure relief in aid of BVI liquidation\n            <\/div>\n        <\/div>\n\n        <div class=\"article-author-and-date-container \">\n                            <span data-href=\"https:\/\/www.tannerdewitt.com\/zh-hans\/our-people\/natalie-lam\/\"\n                    class=\"article-author cursor-pointer hover:underline\">\n                    \u6797\u5bb6\u5e0c<\/span>\n\n            \n                            <svg width=\"5\" height=\"5\" viewBox=\"0 0 5 5\" fill=\"none\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\">\n                    <path\n                        d=\"M0.680664 2.56641V2.20605C0.680664 1.70215 0.838867 1.28613 1.15527 0.958008C1.47754 0.629883 1.91406 0.46582 2.46484 0.46582C3.02148 0.46582 3.46094 0.629883 3.7832 0.958008C4.10547 1.28613 4.2666 1.70215 4.2666 2.20605V2.56641C4.2666 3.06445 4.10547 3.47754 3.7832 3.80566C3.4668 4.12793 3.03027 4.28906 2.47363 4.28906C1.92285 4.28906 1.48633 4.12793 1.16406 3.80566C0.841797 3.47754 0.680664 3.06445 0.680664 2.56641Z\"\n                        fill=\"#656363\" \/>\n                <\/svg>\n            \n            <span>14 September 2026<\/span>\n\n        <\/div>\n    <\/div>\n<\/a>\n\n<script>\n\n    (function () {\n        document.addEventListener(\"DOMContentLoaded\", () => {\n            const author = document.querySelector(\".article-author\");\n\n            author.addEventListener('click', (e) => {\n                e.stopPropagation();\n\n                window.location = author.getAttribute('data-href')\n            });\n        });\n    })();\n\n<\/script>                        \n                                                                        \n<a class=\"h-[100%] block no-underline group\" href=\"https:\/\/www.tannerdewitt.com\/zh-hans\/insight-and-news\/cybersecurity-for-banks-after-the-critical-infrastructure-ordinance-same-same-but-different\/\">\n    <div style=\"background:#F8F8F8\" class=\"h-[100%]  article-card\"\n        id=\"article-card\">\n        <div class=\"article-card-header\">\n                                                <span style=\"color:#781d7e\" class=\"article-caption\">Insights<\/span>\n                \n            \n            <div class=\"article-title no-underline group-hover:!underline line-clamp-3\">\n                Cybersecurity for Banks after the Critical Infrastructure Ordinance: Same Same, But Different\n            <\/div>\n        <\/div>\n\n        <div class=\"article-author-and-date-container \">\n                            <span data-href=\"https:\/\/www.tannerdewitt.com\/zh-hans\/our-people\/padraig-walsh\/\"\n                    class=\"article-author cursor-pointer hover:underline\">\n                    P\u00e1draig Walsh<\/span>\n\n            \n                            <svg width=\"5\" height=\"5\" viewBox=\"0 0 5 5\" fill=\"none\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\">\n                    <path\n                        d=\"M0.680664 2.56641V2.20605C0.680664 1.70215 0.838867 1.28613 1.15527 0.958008C1.47754 0.629883 1.91406 0.46582 2.46484 0.46582C3.02148 0.46582 3.46094 0.629883 3.7832 0.958008C4.10547 1.28613 4.2666 1.70215 4.2666 2.20605V2.56641C4.2666 3.06445 4.10547 3.47754 3.7832 3.80566C3.4668 4.12793 3.03027 4.28906 2.47363 4.28906C1.92285 4.28906 1.48633 4.12793 1.16406 3.80566C0.841797 3.47754 0.680664 3.06445 0.680664 2.56641Z\"\n                        fill=\"#656363\" \/>\n                <\/svg>\n            \n            <span>14 September 2026<\/span>\n\n        <\/div>\n    <\/div>\n<\/a>\n\n<script>\n\n    (function () {\n        document.addEventListener(\"DOMContentLoaded\", () => {\n            const author = document.querySelector(\".article-author\");\n\n            author.addEventListener('click', (e) => {\n                e.stopPropagation();\n\n                window.location = author.getAttribute('data-href')\n            });\n        });\n    })();\n\n<\/script>                        \n                                                                        \n<a class=\"h-[100%] block no-underline group\" href=\"https:\/\/www.tannerdewitt.com\/zh-hans\/insight-and-news\/news-update-hong-kong-moves-closer-to-a-full-virtual-asset-services-regime\/\">\n    <div style=\"background:#F8F8F8\" class=\"h-[100%]  article-card\"\n        id=\"article-card\">\n        <div class=\"article-card-header\">\n                                                <span style=\"color:#781d7e\" class=\"article-caption\">Insights<\/span>\n                \n            \n            <div class=\"article-title no-underline group-hover:!underline line-clamp-3\">\n                News update: Hong Kong moves closer to a full virtual asset services regime\n            <\/div>\n        <\/div>\n\n        <div class=\"article-author-and-date-container \">\n                            <span data-href=\"https:\/\/www.tannerdewitt.com\/zh-hans\/our-people\/evelyn-wong\/\"\n                    class=\"article-author cursor-pointer hover:underline\">\n                    \u9ec4\u548f\u598d<\/span>\n\n            \n                            <svg width=\"5\" height=\"5\" viewBox=\"0 0 5 5\" fill=\"none\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\">\n                    <path\n                        d=\"M0.680664 2.56641V2.20605C0.680664 1.70215 0.838867 1.28613 1.15527 0.958008C1.47754 0.629883 1.91406 0.46582 2.46484 0.46582C3.02148 0.46582 3.46094 0.629883 3.7832 0.958008C4.10547 1.28613 4.2666 1.70215 4.2666 2.20605V2.56641C4.2666 3.06445 4.10547 3.47754 3.7832 3.80566C3.4668 4.12793 3.03027 4.28906 2.47363 4.28906C1.92285 4.28906 1.48633 4.12793 1.16406 3.80566C0.841797 3.47754 0.680664 3.06445 0.680664 2.56641Z\"\n                        fill=\"#656363\" \/>\n                <\/svg>\n            \n            <span>06 August 2026<\/span>\n\n        <\/div>\n    <\/div>\n<\/a>\n\n<script>\n\n    (function () {\n        document.addEventListener(\"DOMContentLoaded\", () => {\n            const author = document.querySelector(\".article-author\");\n\n            author.addEventListener('click', (e) => {\n                e.stopPropagation();\n\n                window.location = author.getAttribute('data-href')\n            });\n        });\n    })();\n\n<\/script>                        \n                                                                        \n<a class=\"h-[100%] block no-underline group\" href=\"https:\/\/www.tannerdewitt.com\/zh-hans\/insight-and-news\/news-update-sfc-circular-sets-cybersecurity-measures-against-ai-enabled-cyberattacks\/\">\n    <div style=\"background:#F8F8F8\" class=\"h-[100%]  article-card\"\n        id=\"article-card\">\n        <div class=\"article-card-header\">\n                                                <span style=\"color:#781d7e\" class=\"article-caption\">Insights<\/span>\n                \n            \n            <div class=\"article-title no-underline group-hover:!underline line-clamp-3\">\n                News update: SFC circular sets cybersecurity measures against AI-enabled cyberattacks\n            <\/div>\n        <\/div>\n\n        <div class=\"article-author-and-date-container \">\n                            <span data-href=\"https:\/\/www.tannerdewitt.com\/zh-hans\/our-people\/padraig-walsh\/\"\n                    class=\"article-author cursor-pointer hover:underline\">\n                    P\u00e1draig Walsh<\/span>\n\n            \n                            <svg width=\"5\" height=\"5\" viewBox=\"0 0 5 5\" fill=\"none\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\">\n                    <path\n                        d=\"M0.680664 2.56641V2.20605C0.680664 1.70215 0.838867 1.28613 1.15527 0.958008C1.47754 0.629883 1.91406 0.46582 2.46484 0.46582C3.02148 0.46582 3.46094 0.629883 3.7832 0.958008C4.10547 1.28613 4.2666 1.70215 4.2666 2.20605V2.56641C4.2666 3.06445 4.10547 3.47754 3.7832 3.80566C3.4668 4.12793 3.03027 4.28906 2.47363 4.28906C1.92285 4.28906 1.48633 4.12793 1.16406 3.80566C0.841797 3.47754 0.680664 3.06445 0.680664 2.56641Z\"\n                        fill=\"#656363\" \/>\n                <\/svg>\n            \n            <span>04 August 2026<\/span>\n\n        <\/div>\n    <\/div>\n<\/a>\n\n<script>\n\n    (function () {\n        document.addEventListener(\"DOMContentLoaded\", () => {\n            const author = document.querySelector(\".article-author\");\n\n            author.addEventListener('click', (e) => {\n                e.stopPropagation();\n\n                window.location = author.getAttribute('data-href')\n            });\n        });\n    })();\n\n<\/script>                        \n                                                                        \n<a class=\"h-[100%] block no-underline group\" href=\"https:\/\/www.tannerdewitt.com\/zh-hans\/insight-and-news\/hong-kong-courts-first-recognition-of-bahamian-liquidation-after-landmark-case-re-usum\/\">\n    <div style=\"background:#F8F8F8\" class=\"h-[100%]  article-card\"\n        id=\"article-card\">\n        <div class=\"article-card-header\">\n                                                <span style=\"color:#781d7e\" class=\"article-caption\">Insights<\/span>\n                \n            \n            <div class=\"article-title no-underline group-hover:!underline line-clamp-3\">\n                Hong Kong Court\u2019s first recognition of Bahamian liquidation after landmark case Re USUM\n            <\/div>\n        <\/div>\n\n        <div class=\"article-author-and-date-container \">\n                            <span data-href=\"https:\/\/www.tannerdewitt.com\/zh-hans\/our-people\/tim-au\/\"\n                    class=\"article-author cursor-pointer hover:underline\">\n                    \u533a\u4f83\u6f5c<\/span>\n\n            \n                            <svg width=\"5\" height=\"5\" viewBox=\"0 0 5 5\" fill=\"none\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\">\n                    <path\n                        d=\"M0.680664 2.56641V2.20605C0.680664 1.70215 0.838867 1.28613 1.15527 0.958008C1.47754 0.629883 1.91406 0.46582 2.46484 0.46582C3.02148 0.46582 3.46094 0.629883 3.7832 0.958008C4.10547 1.28613 4.2666 1.70215 4.2666 2.20605V2.56641C4.2666 3.06445 4.10547 3.47754 3.7832 3.80566C3.4668 4.12793 3.03027 4.28906 2.47363 4.28906C1.92285 4.28906 1.48633 4.12793 1.16406 3.80566C0.841797 3.47754 0.680664 3.06445 0.680664 2.56641Z\"\n                        fill=\"#656363\" \/>\n                <\/svg>\n            \n            <span>17 July 2026<\/span>\n\n        <\/div>\n    <\/div>\n<\/a>\n\n<script>\n\n    (function () {\n        document.addEventListener(\"DOMContentLoaded\", () => {\n            const author = document.querySelector(\".article-author\");\n\n            author.addEventListener('click', (e) => {\n                e.stopPropagation();\n\n                window.location = author.getAttribute('data-href')\n            });\n        });\n    })();\n\n<\/script>                        \n                                                                        \n<a class=\"h-[100%] block no-underline group\" href=\"https:\/\/www.tannerdewitt.com\/zh-hans\/insight-and-news\/news-update-no-phishing-here-the-sfc-raises-cybersecurity-expectations-for-internet-brokers-and-virtual-asset-trading-platforms\/\">\n    <div style=\"background:#F8F8F8\" class=\"h-[100%]  article-card\"\n        id=\"article-card\">\n        <div class=\"article-card-header\">\n                                                <span style=\"color:#781d7e\" class=\"article-caption\">Insights<\/span>\n                \n            \n            <div class=\"article-title no-underline group-hover:!underline line-clamp-3\">\n                News update: No phishing here \u2013 The SFC raises cybersecurity expectations for internet brokers and virtual asset trading platforms\n            <\/div>\n        <\/div>\n\n        <div class=\"article-author-and-date-container \">\n                            <span data-href=\"https:\/\/www.tannerdewitt.com\/zh-hans\/our-people\/padraig-walsh\/\"\n                    class=\"article-author cursor-pointer hover:underline\">\n                    P\u00e1draig Walsh<\/span>\n\n            \n                            <svg width=\"5\" height=\"5\" viewBox=\"0 0 5 5\" fill=\"none\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\">\n                    <path\n                        d=\"M0.680664 2.56641V2.20605C0.680664 1.70215 0.838867 1.28613 1.15527 0.958008C1.47754 0.629883 1.91406 0.46582 2.46484 0.46582C3.02148 0.46582 3.46094 0.629883 3.7832 0.958008C4.10547 1.28613 4.2666 1.70215 4.2666 2.20605V2.56641C4.2666 3.06445 4.10547 3.47754 3.7832 3.80566C3.4668 4.12793 3.03027 4.28906 2.47363 4.28906C1.92285 4.28906 1.48633 4.12793 1.16406 3.80566C0.841797 3.47754 0.680664 3.06445 0.680664 2.56641Z\"\n                        fill=\"#656363\" \/>\n                <\/svg>\n            \n            <span>16 July 2026<\/span>\n\n        <\/div>\n    <\/div>\n<\/a>\n\n<script>\n\n    (function () {\n        document.addEventListener(\"DOMContentLoaded\", () => {\n            const author = document.querySelector(\".article-author\");\n\n            author.addEventListener('click', (e) => {\n                e.stopPropagation();\n\n                window.location = author.getAttribute('data-href')\n            });\n        });\n    })();\n\n<\/script>                        \n                                    \n            <\/div>\n            <div class=\"mt-5 xl:mt-0\">\n\t\t\t\t\t\t\t\t\n         \n\n            <\/div>\n        <\/div>\n    <\/div>\n\n\n<\/div>\n\n\n<p class=\"wp-block-paragraph\"><\/p>\n","protected":false},"excerpt":{"rendered":"<p>In The Joint Liquidators of Bank of Asia (BVI) Limited (in liquidation) v Axiom Financial Group Limited [2026] HKCFI 4694, the Hong Kong Court granted recognition of the liquidation of a BVI-licensed bank and the appointment of its joint liquidators, together with the usual package of assistance orders. In addition, the Court granted a one-stop [&hellip;]<\/p>\n","protected":false},"author":25,"featured_media":36072,"parent":0,"menu_order":0,"template":"","meta":{"_acf_changed":false,"footnotes":""},"tags":[133,23,155,288],"insight-category":[1121],"insight-month":[1151],"insight-practice-area":[1122],"insight-year":[1162],"class_list":["post-36071","insight-and-news","type-insight-and-news","status-publish","has-post-thumbnail","hentry","tag-insolvency","tag-legal-updates","tag-restructuring","tag-restructuring-and-insolvency","insight-category-legal-updates-and-insights","insight-month-september","insight-practice-area-restructuring-and-insolvency","insight-year-1162"],"acf":[],"_links":{"self":[{"href":"https:\/\/www.tannerdewitt.com\/zh-hans\/wp-json\/wp\/v2\/insight-and-news\/36071","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.tannerdewitt.com\/zh-hans\/wp-json\/wp\/v2\/insight-and-news"}],"about":[{"href":"https:\/\/www.tannerdewitt.com\/zh-hans\/wp-json\/wp\/v2\/types\/insight-and-news"}],"author":[{"embeddable":true,"href":"https:\/\/www.tannerdewitt.com\/zh-hans\/wp-json\/wp\/v2\/users\/25"}],"version-history":[{"count":1,"href":"https:\/\/www.tannerdewitt.com\/zh-hans\/wp-json\/wp\/v2\/insight-and-news\/36071\/revisions"}],"predecessor-version":[{"id":36075,"href":"https:\/\/www.tannerdewitt.com\/zh-hans\/wp-json\/wp\/v2\/insight-and-news\/36071\/revisions\/36075"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.tannerdewitt.com\/zh-hans\/wp-json\/wp\/v2\/media\/36072"}],"wp:attachment":[{"href":"https:\/\/www.tannerdewitt.com\/zh-hans\/wp-json\/wp\/v2\/media?parent=36071"}],"wp:term":[{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.tannerdewitt.com\/zh-hans\/wp-json\/wp\/v2\/tags?post=36071"},{"taxonomy":"insight-category","embeddable":true,"href":"https:\/\/www.tannerdewitt.com\/zh-hans\/wp-json\/wp\/v2\/insight-category?post=36071"},{"taxonomy":"insight-month","embeddable":true,"href":"https:\/\/www.tannerdewitt.com\/zh-hans\/wp-json\/wp\/v2\/insight-month?post=36071"},{"taxonomy":"insight-practice-area","embeddable":true,"href":"https:\/\/www.tannerdewitt.com\/zh-hans\/wp-json\/wp\/v2\/insight-practice-area?post=36071"},{"taxonomy":"insight-year","embeddable":true,"href":"https:\/\/www.tannerdewitt.com\/zh-hans\/wp-json\/wp\/v2\/insight-year?post=36071"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}