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China Metal Recycling (ex-0773) v UBS AG | Companies (Winding-up) Rules
HK Court of First Instance, 20-Jul-2022
Oops! Paragraphs of the liquidators' writ against sponsor UBS are struck out, because under High Court Rules for companies winding up, the claims should have been made by summons, not writ. The obvious question is: why didn't the solicitors, Karas LLP, advise their client of this? Notably the writ was filed only a day before the 6th anniversary of liquidators' appointment, after which the claim would be time-barred. Now the question is whether the Summons will be time-barred.
Organisations
- Borrelli Walsh Limited 保華顧問有限公司
- China Metal Recycling (Holdings) Limited 中國金屬再生資源(控股)有限公司
- KARAS LLP 祁卓信有限法律責任合夥律師行
- UBS AG
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