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  1. Pair sued for breaching restaurant agreement

    Posted Jan 27th 2004, 12:00am by Staff Reporter

    ... bankruptcy and failed to pay his workers' wages. Mr Cheung, who filed the case in 2002, opposed further adjournment of the hearing because one witness had not shown up. 'From filing ...

  2. In Brief

    Posted Nov 20th 2004, 12:00am by Staff Reporter

    ... inconvenience and posed potential dangers to passengers. numbers filing for bankruptcy on the rise The number of people filing for bankruptcy in Hong Kong rose by 3.8 per cent for the first time last month after falling in three consecutive months. There were 891 bankruptcy applications, 33 more than in September. A total of 10,390 applications were filed between January and last month, ...

  3. Entrepreneur brings tropical fun and sun to balmy Berlin

    Posted Dec 14th 2004, 12:00am by Marc Young

    ... Marc Young in Brand A Malaysian is creating beaches and a rainforest in a disused zeppelin hangar Germans hoping to flee Central Europe's dreary winter weather this year will soon be able trade plane tickets for train passes, after the world's f ...

  4. NPC review of draft bankruptcy law is key step forward

    Posted Jun 15th 2004, 12:00am by Shi Jiangtao

    ... Shi Jiangtao The mainland's draft bankruptcy law will face a preliminary review by the National People's Congress Standing Committee next week during a regular five-day session in Beijing. Xinhua reported yesterday that the draft law- a priority legislation during the term of the 10th NPC- would be of great importance in 'regulating company bankruptcy ...

  5. More file for bankruptcy, while fewer get approval

    Posted Mar 20th 2004, 12:00am by Kelvin Chan

    ... Kelvin Chan Personal bankruptcy petitions in Hong Kong crept up last month after falling in the preceding three months. But the number of bankruptcies granted fell, the Official Receiver's Office revealed yesterday. The number of bankruptcy orders granted in February fell 13.5 per cent to 1,470, from 1,700 the previous month. However, the number of people who applied ...

  6. Personal bankruptcy petitions in HK record four month high

    Posted Apr 16th 2004, 12:00am by Staff Reporter

    ... SCMP.com Updated at 2.32pm: Personal bankruptcy petitions in Hong Kong recorded a four-month high in March, the Official Receiver's Office revealed on Friday. The number of people who applied for bankruptcy rose 11 per cent to 1,296 from 1,165 in February- a consecutive rise for the two preceding months. The number of bankruptcy orders granted last month also went up at 3.2 per ...

  7. Bankruptcy petitions at lowest level in 21/2 years

    Posted Feb 21st 2004, 12:00am by Kelvin Chan

    ... Kelvin Chan Receiver's statistics show 19pc fewer people lodged applications in January Personal bankruptcy petitions fell in January for the eighth consecutive month to their lowest level in 21/2 years, another sign of Hong Kong's strong economic recovery. However, bankruptcy declarations rose for a third straight month as applications from previous months were ...

  8. Bankruptcy rises despite improving economy

    Posted Apr 17th 2004, 12:00am by Kelvin Chan

    ... Kelvin Chan Personal bankruptcies and petitions for bankruptcy in Hong Kong both rose slightly last month. The news comes as the unemployment rate and other economic indicators continue ... of March last year. At the same time, the number of people applying for bankruptcy rose about 11 per cent to 1,296 in March, from 1,165 in February. But the number of bankruptcy petitions last ...

  9. 2,000 state firms granted bailout ahead of bankruptcy law

    Posted Jun 22nd 2004, 12:00am by Elaine Chan

    ... over the next three to five years, in what the government claims will be the final set of bankruptcies administered at public expense. The move, ordered by the State-owned Assets Supervision and Administration Commission (Sasac), will be the 'last' administration-driven bailout and comes as the country's long-awaited draft corporate bankruptcy law undergoes its first reading ...

  10. Declining bankruptcy figures hint at recovery

    Posted May 22nd 2004, 12:00am by Joseph Lo

    ... on its way to recovery, as personal bankruptcy petitions fell to a three-year low and deflation closed in on the zero mark. Personal bankruptcy petitions last month fell to 983 from 1,296 from March, the Official Receiver's Office revealed. The April figure represents the lowest number of bankruptcy filings since the same month in 2001, when 647 people filed for bankruptcy ...




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