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  • July 25, 2014
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Results 1 - 10 of 556 for insolvency law

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  1. Mainland labour imports back on the agenda

    Posted Sep 05th 2003, 12:00am by Niki Law

    ... The proposal would help create jobs for Hong Kong workers, says minister With Hong Kong's economy on the rebound, it is time to again consider a scheme for importing workers from the mainland, says labour minister Stephen Ip Shu-kwan. The proposal, u ...

  2. 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 to improve. The Official Receiver's Office said on its website 1 ...

  3. Unpaid workers offered hope

    Posted Mar 22nd 2006, 12:00am by May Chan

    ... May Chan The head of the government's insolvency fund has advised the 400-odd construction workers left unpaid after the termination of three Dickson Construction projects ... on Insolvency Fund. 'However, considering the financial situation of Dickson Construction, workers may also consider applying to the insolvency fund.' The Housing Authority terminated ...

  4. Workers fined for abusing wage fund

    Posted Sep 27th 2005, 12:00am by Martin Wong

    ... Martin Wong Six former workers of two seafood restaurants were fined a total of $25,000 yesterday in the first prosecution involving abuse of the Protection of Wages on Insolvency Fund. ... of Wages on Insolvency Fund. The Labour Department said the six had applied for ex gratia payments from the insolvency fund when the restaurants closed in February. They claimed wages in arrears, ...

  5. Concessions eyed for Chapter 11 bill

    Posted Feb 01st 2010, 12:00am by Enoch Yiu

    ... the Australian law used in the current proposal. Britain adopted a 'wrongful trading' concept two decades ago, whereby it is not unlawful for a firm to trade while insolvent as long ... for insolvent trading and more protection for workers. It is the third attempt in a decade to push through the corporate rescue bill that aims to give troubled companies six months' breathing space ...

  6. Workers claim firm owes them HK$5m

    Posted Dec 02nd 2008, 12:00am by Agnes Lam

    ... to take their case to the Labour Tribunal, or even have to seek legal aid and file for the winding up of the company so that they could claim money back from the insolvency fund.' The unpaid ... if they had to claim from the insolvency fund. 'The fund only covers the first HK$50,000 of the total amount of severance payment and half of the remaining amount.' Most of the affected ...

  7. Ex-police sought to help catch wage cheats

    Posted Aug 11th 2005, 12:00am by Anita Lam

    ... of measures to tackle employers who abused the Protection of Wages on Insolvency Fund. 'Apart from strengthening our enforcement and intelligence unit, we are also stepping up prosecutions,' ... have also warned employers whose restaurants have records of delaying wages and are at risk of insolvency about the seriousness of wage offences.' Academic requirements for the new ...

  8. Restaurant staff demand lay-off pay

    Posted Aug 23rd 2005, 12:00am by Martin Wong

    ... disappointed. They chanted slogans demanding their money back and accusing the owner of abusing the insolvency fund set up for laid-off workers. It was the latest in a series of incidents in which ... this month, just a year after opening. 'Restaurant owners are all very good at finding loopholes in the law nowadays. They simply shed their responsibility and abuse the Protection of Wages ...

  9. Beware of job traps

    Posted Aug 27th 2007, 12:00am by Rebecca Tsui

    ... Department's Protection of Wages on Insolvency Fund Board. 'I wasn't aware of the Employment Ordinance and was clueless about employees' rights and protection,' Hang said. Employees ...

  10. Cleaners demand help to collect back-wages

    Posted Aug 04th 2005, 12:00am by Staff Reporter

    ... ended the contract and closed down in March without paying its staff any severance or holiday pay. It admitted breaches of the labour laws and was fined $36,000 in a Labour Department ... the company's $306,000 performance guarantee deposit, which it is still withholding, and pay it to the workers. 'The contract stated that the operator should obey the labour law, and now it's ...




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