Insolvency Law in Hong Kong
Recorded On: 09/22/2020
This on-demand webinar is available for 14 days after purchase.
Businesses worldwide are being challenged to stay afloat amid the current economic crises brought about by the COVID-19 pandemic. Companies in Hong Kong are no exception. From January through July, its Official Receiver’s Office has received 5,219 compulsory bankruptcy petitions and 247 compulsory winding-up petitions, year-on-year increases of 13.7% and 5.1%, respectively. Join PWC’s Christopher So as he discusses insolvency law in Hong Kong. This webinar will cover the warning signs for distressed businesses, types of insolvencies as well as the following:
- Statutory insolvency processes (Compulsory liquidations & Receiverships)
- Significant risks for creditors
- Impact of the COVID-19 pandemic
- Recommendations and best practices