News & Analysis as of

Deeds Liquidity

Latham & Watkins LLP

All’s Well for Keepwell Deeds?

Latham & Watkins LLP on

A recent ruling by the Hong Kong Court of Appeal has strengthened the robustness of keepwell deeds as enforceable English law governed obligations. The Hong Kong Court of Appeal has unanimously upheld the appeals of the...more

Akin Gump Strauss Hauer & Feld LLP

A Step Closer to Legal Certainty for Holders of Chinese Keepwell-backed Bonds?

It was reported on November 3, 2020, that the Shanghai Financial Court had recognized an August 2018 Hong Kong judgment, which ordered a Mainland Chinese company, CEFC Shanghai International Group Limited (“CEFC”), to pay a...more

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