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Remittal reconsidered – Hong Kong court grants leave to appeal on illegality defence decision

A Hong Kong court has granted leave to appeal against a decision in which an arbitral award was sent back to the arbitrator for reconsideration on the basis that the law had changed on a...


Arbitration Highlights in the Year of the Dragon

In the year of the dragon, attention turns to the enforcement of arbitral awards. We look at five different Hong Kong decisions where enforcement or set aside has been the central issue...


Not set in stone – Hong Kong court approves post-implementation modifications to scheme of arrangement

The Hong Kong High Court has given a rare order for modifications to a scheme of arrangement after it had been implemented incorrectly by the scheme administrators. Drawing on instances in...


Liquidator knows best - Hong Kong court rejects bid to force information disclosure on funding and strategy

A Hong Kong court has rejected a bid to force liquidators to provide information and documents regarding their plans and strategies on related litigation as well as information on legal...


Hong Kong audit regulator reaches landmark agreement over mainland audit papers

Hong Kong’s audit regulator, the Accounting and Financial Reporting Council (AFRC) says it has reached a landmark agreement to help it obtain audit working papers of Public Interest...


Late disclosure prompts a CPA disciplinary recommendation by the Hong Kong MMT to the AFRC

The Market Misconduct Tribunal (MMT) has recommended that the accountants’ regulator, the Accounting and Financial Reporting Council (AFRC) take disciplinary action against a listed...

Media Mention

Evergrande liquidation: importance of a concrete restructuring plan Reuters

Hogan Lovells Hong Kong partners Jonathan Leitch and Byron Phillips have been quoted by Reuters, Bloomberg, SCMP and other media outlets, sharing their insights on the recent Evergrande...


Insolvency in a modern age – Official Receiver filing changes now in force in Hong Kong

New statutory provisions have come into effect that will modernise the way documents are filed with the Official Receiver in Hong Kong. The changes, which took place on the last working day ...


Ticking the boxes - Hong Kong accountants regulator highlights failings in professional training compliance

The Accounting and Financial Reporting Council (AFRC) has published its 2023 Oversight Report on HKICPA's Performance of Specified Functions (the report). This is the first full year...

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