News Snapshot:
A new era has been ushered in following the arrangement on the mutual recognition of, and assistance with, insolvency-related proceedings and restructurings between Hong Kong and mainland China. Going forward, creditors of Chinese entities seeking recoveries from assets located in Hong Kong or creditors of companies operating in Hong Kong with assets in mainland China may, at last, have a seat at the negotiating table. In the latest in our series Investing in China: Legal and Regulatory Update , we take an in-depth look at the arrangement including: Recognition of Hong Kong insolvency proceedings in the mainland and the provision...
