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What should come after the implementation of the mutual recognition and assistance in cross-border insolvency between Mainland China and Hong Kong?
Author(s)
Date Issued
2022
ISSN
1742-6812
Citation
Journal of International Banking Law and Regulation, 2022, Vol. 37(9), pp. 331.
Type
Peer Reviewed Journal Article
Abstract
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.
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