Hong Kong on Financial Restructuring

The discussion, led by Justin Yip (Singapore), Gary Leung (Hong Kong), and Lam Zhen Yu (Singapore), provided valuable insights for restructuring and insolvency practitioners.

This Restructuring Officer (RO) regime came into force in August 2022 and since then we have seen a handful of petitions for the appointment of ROs come before the Grand Court.

In the recent decision of Moody Technology Holdings Ltd[1], the Hong Kong Court of First Instance (the "Hong Kong Court") provides useful commentary on the jurisdiction to modify...