Hong Kong Court rejects winding up petition against company that failed to satisfy arbitral awards | Practical Law

Hong Kong Court rejects winding up petition against company that failed to satisfy arbitral awards | Practical Law

In Insigma Technology Co Ltd HCCW 224/2013, Petition for winding up by Alstom Technology Limited, the Hong Kong Court of First Instance gave reasons for its rejection of a petition to wind up a company incorporated in the People’s Republic of China (PRC) that had not satisfied two arbitral awards.

Hong Kong Court rejects winding up petition against company that failed to satisfy arbitral awards

Practical Law UK Legal Update Case Report 9-588-0045 (Approx. 3 pages)

Hong Kong Court rejects winding up petition against company that failed to satisfy arbitral awards

by Timothy S. Hughes, Herbert Smith Freehills LLP
Published on 12 Nov 2014China, Hong Kong - PRC
In Insigma Technology Co Ltd HCCW 224/2013, Petition for winding up by Alstom Technology Limited, the Hong Kong Court of First Instance gave reasons for its rejection of a petition to wind up a company incorporated in the People’s Republic of China (PRC) that had not satisfied two arbitral awards.