This seminar intends to elucidate the recently established Chinese Mainland–Hong Kong cross-border insolvency cooperation arrangement. The pivotal Record of Meeting reached in May 2021 between the Supreme People’s Court of the People’s Republic of China and the Government of the Hong Kong Special Administrative Region marks a significant step towards mutual recognition in cross-border insolvency cases, laying down the bedrock for future cooperation. However, it is important to note that the new arrangement is still in a preliminary stage, presenting both opportunities and challenges. This seminar endeavors to offer a comprehensive explanation of the primary features of the emerging framework. It takes into consideration recent cross-border insolvency cases in both the Mainland and Hong Kong, providing insights into the practical implications, as well as strategic approaches to effectively address the current obstacles to this evolving cooperation.

About the Speaker:

Dr Shuai Guo is Assistant Professor at the School of International Law, China University of Political Science and Law in Beijing, China. Currently, he is based in Rome, Italy as an consultant at the International Institute for the Unification of Private Laws (UNIDROIT). He holds a doctoral degree from Leiden University in the Netherlands. He was a visiting scholar at the University of Texas at Austin in the United States and a consultant to the United Nations Conference on Trade and Development in Geneva, Switzerland. He is the author of four books, with the most recent one being Recognition of Foreign Bank Resolution Actions (Edward Elgar 2022). He published in leading international journals such as International Insolvency Review, Asia Pacific Law Review, International Corporate Rescue, Norton Journal of Bankruptcy Law and Practice, etc. He sits on the board of several international associations such as International Insolvency Institute Academic Committee and INSOL International Early Researcher Academics. In 2022, he was recognised in the Global Restructuring Review 40 Under 40.

The Law Society of Hong Kong has awarded this seminar 1 Continuing Professional Development (CPD) point.