What's good for the goose – Hong Kong Court revisits iconic insolvency decision

In a recent judgment, the Hong Kong Court reiterated the principles outlined in Kam Leung Sui Kwan v. Kam Kwan Lai [2015] 18 HKCFAR 501 (Yung Kee), the case concerning the famous roast-goose restaurant in the heart of Hong Kong's Central district, when determining whether to exercise its discretion to wind up a foreign-incorporated company.

In this case, the court also refused to grant a stay of the petition in favor of arbitration.

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