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The Effect of 1997 on Hong Kong’s Law of Transnational Corporate InsolvencyCharles D. BoothInstitute of Asian-Pacific Business Law, William S. Richardson School of Law, University of Hawaii at Manoa; University of Hawaii at Manoa - William S. Richardson School of Law 1997 Australian Journal of Corporate Law Vol. 7, No. 1, 1997 Abstract: Hong Kong should reform its transnational corporate insolvency law before 1997. The article sets out the Hong Kong rules regarding the recognition of foreign liquidations and discusses the Hong Kong law relating to the winding up of foreign companies under the Companies Ordinance. The article also discusses the economic, political, and legal developments that will affect the post 1997 evolution of Hong Kong’s transnational corporate insolvency law. The weaknesses in the existing legislation and case law framework are highlighted and many legislative amendments are proposed.
Number of Pages in PDF File: 20 Accepted Paper SeriesDate posted: February 6, 2010 ; Last revised: February 12, 2010Suggested CitationContact Information
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