Hong Kong law firm discusses the provisional liquidation of a Bermuda company listed in Hong Kong, for restructuring purposes


The Bermuda Court’s judgment is available here: https://www.gov.bm/sites/default/files/Reasons-Re-Z-Obee-Holdings-Ltd-Appointment-of-JPLs.pdf

One oddity about the case is that the Bermuda Court did not consider it necessary or appropriate to appoint a Bermuda-resident Insolvency Practitioner on a joint basis with the Hong Kong-based professionals, as would ordinarily be desirable.


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