Creditor found liable for trustees’ fees after bankruptcy order annulled in Hong Kong
Credit: Shutterstock/ESB Professional
A year after it issued a first-of-its-kind judgment overturning a personal bankruptcy order in the face of an exclusive jurisdiction clause, the Hong Kong Court of Appeal has allowed Chinese businessman Guy Kwok-Hung Lam to pursue the creditor that made him bankrupt for the fees incurred by his trustees.
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