TROOPS Inc Winding Up Petition Hearing Adjourned Pending Hong Kong Court Decision
Reuters
Oct 11
TROOPS Inc Winding Up Petition Hearing Adjourned Pending Hong Kong Court Decision
TROOPS Inc. has announced that the hearing of a winding up petition filed against the company in the Cayman Islands has been adjourned. The Grand Court of the Cayman Islands granted a consent order to postpone the hearing until after the determination of a pending application in Hong Kong to stay execution of a judgment. The petition, brought by Real Estate and Finance Fund (in Liquidation), alleges that TROOPS Inc. is insolvent and unable to pay its debts.
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