BVI court denies derivative claim for stay of Hong Kong liquidation
A court in the British Virgin Islands has declined to grant shareholders of a locally-incorporated company leave to bring derivative proceedings in Hong Kong, for the purpose of stopping what they claim is the “improper and unlawful” liquidation of a subsidiary.
To read more
Subscribe to Global Restructuring Review
Subscribe & start reading now!
GRR is a daily information service providing cross-border insolvency and restructuring news, features and events.