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Trading in the twilight – a recent UK case may pose risks for Hong Kong company directors who “postpone the inevitable"

When a company is in financial distress, directors face difficult choices. Should they trade on to try to “trade out” of the company’s financial difficulties or should they file for insolvency? If they act too soon, will...more

9/24/2024  /  Board of Directors , Hong Kong , Insolvency , UK

Unfairly prejudiced? Don't get personal - English Court of Appeal stresses need for petitioners to plead "causal connection"...

Minority shareholders preparing unfair prejudice petitions should take note of a recent English Court of Appeal decision which highlighted the need for the petitioner to plead - and then prove - a "causal connection" between...more

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