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Bringing corporate rescue laws to Hong Kong: a reform too big to fail?
journal contribution
posted on 2023-05-17, 07:40 authored by Ho, JKS, Price, RIn October 2009, the Financial Services and the Treasury Bureau of the Hong Kong Government published a consultation paper to review corporate rescue procedure with the aim of reforming key issues relating to corporate rescue. This article compares the proposed reform in Hong Kong and Australia's voluntary administration under Part 5.3A of its Corporations Act, and seeks to identify what the former can learn from the letter's model in reforming its corporate rescue framework. In the final analysis, it is argued that the experiences of Australia on the matter provide good insight for Hong Kong.
History
Publication title
Business Law InternationalVolume
12Pagination
71-92ISSN
1467-632XDepartment/School
Faculty of LawPublisher
International Bar AssociationPlace of publication
LondonRights statement
Copyright 2011 International Bar AssociationRepository Status
- Restricted