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Direct route versus recognition route â€" Hong Kong court's modern approach in Up Energy case - Commentary

<p><i> 11 minutes </i></p><p>In Hong Kong, a foreign company can be wound up via the "recognition route" (whereby a winding-up order is obtained from the company's place of incorporation then enforced in Hong Kong) or the "direct route" (whereby the Hong Kong Companies Court has the power to directly make a winding-up order against a non-Hong Kong company). A recent decision consolidates the previous line of cases that have preferred the direct route and reflects a shift in the courts' attitude.</p> ....

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