{"href":"http://player.captivate.fm/services/oembed?url=http%3A%2F%2Fplayer.captivate.fm%2Fepisode%2Fd7c7ce9e-ccec-46b3-bb96-8830ff22872f","version":"1.0","provider_name":"Captivate.FM","provider_url":"https://www.captivate.fm","width":600,"height":200,"type":"rich","html":"<iframe style=\"width: 100%; height: 200px;\" title=\"Supreme Tycoon\" frameborder=\"0\" scrolling=\"no\" allow=\"clipboard-write\" seamless src=\"http://player.captivate.fm/episode/d7c7ce9e-ccec-46b3-bb96-8830ff22872f\"></iframe>","title":"Supreme Tycoon","description":"\"Take 10\u201d is Harneys Offshore Litigation podcast series. In the second episode, Ian Mann and Dayton Riddle discuss common law recognition and the case of Supreme Tycoon.\n\nKey takeaways: \n\nThe Hong Kong Court determined that it could recognise a foreign voluntary liquidation of a Company.\nThe Court distinguished Supreme Tycoon from Lord Sumption\u2019s obiter dicta in Singularis noting that the key is whether the foreign proceeding was \u201ca process of collective enforcement of debts for the benefit of a general body of creditors.\u201d\nThe mere fact that the foreign liquidation was voluntary did not bar the Hong Kong Court from recognition and assistance under the principle of modified universalism.","thumbnail_width":300,"thumbnail_height":300,"thumbnail_url":"https://artwork.captivate.fm/555d98df-7366-4ef7-989c-7927360c56f7/Take-10.png"}