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Swiss cosmetics distributor survives winding-up, despite lacking defence

By Kyriaki Karadelis

14 February 2019

Swiss cosmetics distributor survives winding-up, despite lacking defence iStock.com/ShotShare

Justice Jonathan Harris in Hong Kong has declined to wind up a company established to distribute Swiss cosmetics into China, despite it failing to establish a bona fide defence on substantial grounds against a creditor's petition.