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Allied Ever Holdings Ltd v Ken Li Shu Chung, Joseph Li See Sun & Luen Tat Watch Band Manufacturer Ltd

HK Court of First Instance, 27-Nov-2017

"The way [the Liquidators] conducted this liquidation was shameful. They have completely forfeited the confidence of the court." - Deputy Judge Anthony To. The Winding-up Order is stayed permanently and the Liquidators, David Yen Ching Wai and Stephen Liu Yiu Keung of Ernst & Young Transactions Ltd, are removed and ordered to pay costs on an indemnity basis.

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