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When Hong Kong becomes SAR, is the mainland ready? Problems of judgments recognition in cross‐border insolvency matters
Author(s) -
Gong Xinyi
Publication year - 2010
Publication title -
international insolvency review
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 0.125
H-Index - 7
eISSN - 1099-1107
pISSN - 1180-0518
DOI - 10.1002/iir.186
Subject(s) - mainland china , insolvency , china , mainland , law , political science , political status of taiwan , the republic , convergence (economics) , geography , economics , economic growth , archaeology , philosophy , theology
After Hong Kong's handover in the year 1997 to the People's Republic of China (PRC), two judicial systems began to operate in parallel in one country. To date, judicial convergence in cross‐border insolvency matters has not yet been established between the mainland and the Hong Kong Special Administrative Region (HKSAR). By reviewing several recent court decisions, this article demonstrates some problems of judgment recognition in matters of cross‐border insolvency between the two regions. Copyright © 2010 John Wiley & Sons, Ltd.