What Should Come after the Implementation of the Mutual Recognition and Assistance in Cross-Border Insolvency between Mainland China and Hong Kong?
Journal of International Banking Law and Regulation, 2022, 37 (9), 331
10 Pages Posted: 20 Aug 2022 Last revised: 2 Sep 2022
Date Written: August 1, 2022
This article evaluates the new cross-border insolvency cooperation arrangement between Hong Kong and Mainland China from three business perspectives. First, whether it brings a legal effect; second, whether it aids in identifying a company’s assets; and third, its impact on court procedures and potential to facilitate information sharing between two regions.
Keywords: Insolvency, Restructuring, Hong Kong, China, Law
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