The Effect of 1997 on Hong Kong’s Law of Transnational Corporate Insolvency

20 Pages Posted: 6 Feb 2010 Last revised: 12 Feb 2010

See all articles by Charles D. Booth

Charles D. Booth

Institute 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

Date Written: 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.

Suggested Citation

Booth, Charles D., The Effect of 1997 on Hong Kong’s Law of Transnational Corporate Insolvency (1997). Australian Journal of Corporate Law Vol. 7, No. 1, 1997, Available at SSRN: https://ssrn.com/abstract=1548073

Charles D. Booth (Contact Author)

Institute of Asian-Pacific Business Law, William S. Richardson School of Law, University of Hawaii at Manoa ( email )

University of Hawai'i at Manoa
2515 Dole Street
Honolulu, HI 96822-2328
United States

University of Hawaii at Manoa - William S. Richardson School of Law ( email )

2515 Dole Street
Honolulu, HI 96822-2350
United States

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