For John Marsden, a Hong Kong-based cross-border restructuring expert and a partner of Mayer Brown JSM, playing a role in "changing the law" is one of the most exciting aspects of his career. Recently, Marsden – together with colleague Terence Tung – advised the voluntary winding-up of British Virgin Islands-incorporated media company Supreme Tycoon. In a "precedent-setting decision," a Hong Kong judge decided that foreign voluntary liquidation should be granted recognition in Hong Kong. The decision, given by Justice Jonathan …

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