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  • August 23, 2014
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Results 1 - 10 of 1589 for insolvency law

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  1. Business - China Business - LAW

    Hong Kong investors at a disadvantage when firms with assets in China go bankrupt

    Posted Apr 03rd 2014, 03:07pm by Enoch Yiu

    ... when seeking to have his or her office and authority formally recognised in a mainland court. "This is because the concept of 'receivership' is alien to mainland law," Tang said. He said offshore insolvency practitioners should work with mainland legal and accounting professionals who know mainland bankruptcy law and practice well, as they would be in a better ...

    http://www.scmp.com/business/china-business/article/1463814/hong-kong-investors-disadvantage-when-firms-assets-mainland
  2. Business - Companies - REFORM

    Rules to give creditors fairer deal

    Posted Apr 17th 2013, 12:00am by Enoch Yiu

    ... Enoch Yiu enoch.yiu@scmp.com The first overhaul of the city's company insolvency laws in 30 years seeks to prevent cheap sale of assets and to simplify winding-ups Rules to give creditors fairer deal The government has proposed measures to provide greater protection for creditors and simplify company liquidations in the first reform of the city's insolvency laws ...

    http://www.scmp.com/business/companies/article/1216297/rules-give-creditors-fairer-deal
  3. Business - Comment - LAI SEE

    An unwelcome reminder of why 'the law is an ass'

    Posted Aug 20th 2014, 01:31am by Howard Winn

    ... Howard Winn Every now and again we are reminded of the truth of the expression, "The law is an ass." Ever since Aquitaine Investment Advisors moved into new premises in June, it has been receiving hand-delivered legal documents: writs, bundles of skeleton arguments from two law firms- Simmons & Simmons and Howse Williams Bowers. However, the respondents no longer ...

    http://www.scmp.com/business/article/1577220/arts-affairs
  4. Business - Banking & Finance - BANKING

    Worried depositors descend on Jiangsu bank amid insolvency rumours

    Posted Mar 26th 2014, 05:29am by Daniel Ren

    ... Daniel Ren in Shanghai ren.wei@scmp.com Bank run amid insolvency rumours In the latest sign of cracks appearing in the mainland's financial system, a rural commercial lender ... concerns after they rushed to withdraw money at one of its branches following rumours that it was insolvent. "Rumours about our solvency triggered the chaos," an official with the lender, ...

    http://www.scmp.com/business/banking-finance/article/1457321/depositors-descend-jiangsu-bank-amid-insolvency-rumours
  5. Business - Comment - LAI SEE

    Annells' companies sued by law firm

    Posted Aug 06th 2014, 03:12am by Howard Winn

    ... Howard Winn Annells' companies sued by law firm Stephenson Harwood, a firm of solicitors which had acted for AzureTax and AzureTrustees, is suing the two companies in the High Court for HK$1.4 million for fees and legal services. It is also seeking interest on this sum from the date of the writ and costs. The companies were founded by tax consultant Deborah Annells and she ...

    http://www.scmp.com/business/article/1567229/annells-companies-sued-law-firm
  6. Business - China Business - DEBT

    Bankruptcies rock loan guarantors in China

    Posted Jul 07th 2014, 05:26am by Daniel Ren

    ... Daniel Ren in Shanghai ren.wei@scmp.com The credit crisis in the mainland underground banking sectoris hitting lending service groups as bad debts grow and insolvencies escalate ... troubled small companies when Beijing allowed it to legalise the underground banks. "It could become the last straw that breaks the camel's back," said Yan Yipan, the head of law ...

    http://www.scmp.com/business/china-business/article/1548282/bankruptcies-rock-loan-guarantors-china
  7. Business - China Business - BUSINESS

    China slaps record 1.24b yuan fine against Japanese car firms for price fixing

    Posted Aug 20th 2014, 02:35pm by Kwong Man-ki in Beijing

    ... for violating the antitrust law by fixing prices for car parts and bearings. Eight Japanese parts makers and four makers of bearings were found guilty of collusion, the National Development and Reform ... in the mainland. Under the antitrust law, a company found to have engaged in illegal pricing practices can face a fine equivalent to between 1 per cent and 10 per cent of its mainland revenue ...

    http://www.scmp.com/business/china-business/article/1577673/ndrc-fines-10-japanese-firms-124b-yuan-price-fixing
  8. Business - Companies - REGULATION

    EU plans no retaliation over mainland car probes

    Posted Aug 22nd 2014, 01:21am by SIULAN LAW

    ... Siulan Law in London European Commission says it is keeping close watch on 'anti-monopoly' campaign that has led to fines and price cuts at top European brands EC plans no action ... that the Chinese authorities will use the anti-monopoly law improperly," it said. The commission's position is in stark contrast to the European Union Chamber of Commerce, which slammed ...

    http://www.scmp.com/business/companies/article/1578733/eu-plans-no-retaliation-over-mainland-car-probes
  9. Comment - Insight & Opinion - THE VIEW

    How to attract talent and capital

    Posted Aug 20th 2014, 11:00am by Stephen Vines

    ... Stephen Vines There are many factors affecting how some nations and not others draw talent and capital but key is regulation, rule of law- and perhaps comfort Understanding the attraction ... free-enterprise-loving Hong Kong is free of them. However, the big picture is businesses like rules that come in the shape of the rule of law and the creation of an orderly and predictable business environment. ...

    http://www.scmp.com/comment/insight-opinion/article/1577568/how-attract-talent-and-capital
  10. Business - Money

    Government stands by best interest clause in proposed insurance law

    Posted Jul 21st 2014, 03:18am by Enoch Yiu

    ... lead customers to launch lawsuits and claims against intermediaries," he said. Tam suggested that the best interest provision not be included in the law itself, but added to the code ... not have a problem with it," Cheung said. "The Insurance Authority, after it is set up by the bill passed by lawmakers, will issue guidelines on the conduct requirements." The Law ...

    http://www.scmp.com/business/money/markets-investing/article/1556927/government-stands-best-interest-clause-proposed

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