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Foreign liquidators need court approval to transfer assets, rules Hong Kong judge

By Dominic Lawson

12 February 2018

Foreign liquidators need court approval to transfer assets, rules Hong Kong judge Hong Kong iStock.com/Nikada

A Hong Kong judge has ruled that foreign liquidators require a court order before they can transfer local assets, clarifying a recognition order he made last year for a Chinese mining and manufacturing company’s Cayman court-appointed provisional liquidators.