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Kwun-Yee Cheung

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Kwun-Yee Cheung is a partner in the Dispute Resolution Practice Group at Baker McKenzie in Hong Kong, focusing on company insolvency and commercial litigation. Kwun-Yee's practice includes litigation and advisory work representing insolvency practitioners, corporate clients and banks on a wide range of complex disputes and insolvency and restructuring matters, including compulsory and voluntary liquidations, receiverships, corporate restructuring and schemes of arrangement. She also focuses on company law and commercial disputes, regularly advising corporate clients, shareholders and directors in relation to matters including shareholders' rights and remedies, directors' duties, joint venture disputes and unfair prejudice petitions.
In Company Law

Hong Kong: To Vote or Not to Vote – Clarity on the Interpretation of Rule 2.10 of the Takeovers Code and the Constitution of Court Meetings for a Hong Kong Privatization Scheme of Arrangement

by , , and 8 Mins Read

In brief The Hong Kong court has delivered an important judgment on the interpretation of Rule 2.10 of the Takeovers Code and provided practical guidance on the types of court meeting that may be approved for privatisation of a Hong Kong incorporated company pursuant to a scheme of arrangement under the Companies Ordinance and the Takeovers Code. In view of the pandemic-related travel restrictions, the Court also directed a hybrid court meeting, allowing overseas shareholders…

In Litigation

Hong Kong: Minding the GAP – General Adjournment of Proceedings (GAP) of Hong Kong courts during the latest COVID-19 wave

by and 6 Mins Read

From a civil litigation and insolvency perspective, we look at the key impacts of the Hong Kong Courts’ recent General Adjournment of Proceedings (GAP) from 7 March 2022 to 11 April 2022 and related governmental closures. Key Takeaways 1. The recent implementation of GAP has resulted in a de facto stay of new actions and proceedings, and adjournment of existing actions, including bankruptcy and winding-up petitions. 2. While monitoring the GAP situation, debtors and creditors…

In Insolvency

China and Hong Kong: Mainland and Hong Kong agree framework for mutual judicial recognition and assistance in corporate insolvency and debt restructuring

by and 7 Mins Read

In brief On 14 May 2021, the Supreme Peopleā€™s Court (SPC) and the Hong Kong government agreed a framework (ā€œFrameworkā€) for judicial cooperation in corporate insolvency and debt restructuring. Under the Framework: A Mainland bankruptcy administrator may apply to the Hong Kong High Court for recognition of and assistance to Mainland bankruptcy proceedings.A Hong Kong liquidator or provisional liquidator may apply to the Intermediate Peopleā€™s Court at a designated pilot area for recognition of and…