May 15, 2023
For creditors in the People’s Republic of China, Hong Kong can and often should be the primary springboard to launch a cross-border enforcement campaign to trace and recover funds. Kobre & Kim’s John Han and Jason Kang, who both focus on the monetization of claims involving the region, examine what a Hong Kong-based global enforcement strategy may look like during a session hosted by the Hong Kong International Arbitration Centre (HKIAC) in Beijing on May 26, 2023.
The session, “跨境‘追债’：以香港为中心的多法域策略” (“Cross-Border ‘Recovery of Debts’: Hong Kong-centric Multijurisdictional Cooperation”), will examine when to take preservation measures against assets in different jurisdictions (including Hong Kong, Mainland China, Cayman Islands, BVI and the U.S.); what are the ways of investigating valid assets in different jurisdictions; how to enforce against various kinds of assets in different jurisdictions; and what happens if subjects located in different jurisdictions are declared bankrupt.
Joining Mr. Han and Mr. Kang are Chen Xianglin and Liu Dong of Hankun Law Firm, Vicky Lord and Ma Wei of Harneys, and Yang Ling of HKIAC. The session is also hosted by BPEA and CVCA.