Does removing an insolvent party from a joint venture infringe the anti-deprivation rule?
Business,Hong Kong,Insolvency,Investments,Legal Contracts,Regional Law

Reading Time: 5 minutesIntroduction The Court of First Instance analysed whether a clause within a joint venture agreement between a company in liquidation and an interested party should be void for being classified as “disposition” under section 182 of the Companies (Winding Up and Miscellaneous Provisions) Ordinance (Cap 32). Build King Construction Ltd (“BK”) formed a joint venture […]