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Chinese company cannot persuade HK judge to dismiss winding-up petition (Shandong Chenming Paper v Arjowiggins)

Chinese company cannot persuade HK judge to dismiss winding-up petition (Shandong Chenming Paper v Arjowiggins)
Published on: 14 July 2017
Published by: Law360
  • Chinese company cannot persuade HK judge to dismiss winding-up petition (Shandong Chenming Paper v Arjowiggins)
  • Original News
  • What did the court decide?

Article summary

Law360, New York: A Hong Kong justice has dismissed a Chinese paper conglomerate’s attempt to bar its former joint venture partner from seeking its forced liquidation in Hong Kong to pay a 168m renminbi (RMB) (US $24.7m) arbitration award, finding the Chinese company's attempts to avoid payment showed an ‘unacceptable’ disregard for the territory’s legal system. or take a trial to read the full analysis.

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