Bankers and financiers, not lawyers, are the true professionals when it comes to the health of troubled firms

Published: 4/11/2017
Bankers and financiers, not lawyers, are the true professionals when it comes to the health of troubled firms
Source: WWW.SCMP.COM

Hong Kong’s slip to fifth [in a World Bank survey] was mainly because of a lower score in “resolving insolvency” ... for the corporate sector, a government spokesman said. He said the government would review the insolvency policy from time to time for more effective processing of winding-up cases and better protection of creditors. SCMP, November 2 I did a double take when I read

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