Asia Disputes Notes
Tag: grace lee
Showing 3 out of 3 results
11 October 2023
When informal workouts don't work out: English High Court rules bank that lent support to restructuring did not dishonestly assist in putting assets beyond creditors' reach
In the current economic climate, more and more companies are getting into financial difficulties, informal workouts by debtor companies, with support …
14 September 2023
English High Court gives guidance on the so-called creditor duty where a company faces solvency-threatening claim
When a company is in the so-called “twilight zone” approaching insolvency, it is well-established that the directors’ fiduciary duties require them to …
17 August 2023
Not "worthless window dressing": Hong Kong Court declares keepwell deeds are enforceable contractual obligations
In two remarkably similar cases, Re Peking University Founder Group Company Limited [2023] HKCFI 1350 (the “Peking University Case”) …