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Re Joint Liquidators of Supreme Tycoon Ltd
Re Joint Liquidators of Supreme Tycoon Ltd (in liquidation in the British Virgin Islands) [2018] 1 HKLRD 1120; [2018] HKCFI 277
Key Principle
A foreign voluntary liquidation that is a collective insolvency proceeding for the benefit of all creditors is eligible for common-law recognition and assistance in Hong Kong under the principle of modified universalism, regardless of the mode of the liquidator's appointment.
Area of Law
i
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