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GRR Live, Hong Kong: Corporate rescue proposals due in 2018 to be influenced by Australian administration

By Kyriaki Karadelis

15 December 2017

Hong Kong’s official receiver, Phyllis McKenna, explained to delegates at GRR Live that long-awaited corporate rescue proposals in the special administrative region won’t be a debtor-in-possession regime like the US, and more recently Singapore – but they are taking inspiration from Australia.

GRR Live, Hong Kong: Corporate rescue proposals due in 2018 to be influenced by Australian administration From left: Ho, Sandrasegara, Yuen, Slot, McKenna and Mann