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Keepwell deeds and equity interest purchase undertakings - significant developments?

11 July 2023

Keepwell deeds (KWDs) and equity interest purchase undertakings (EIPUs) have for some time been special features of offshore financings by Mainland groups of companies. The recent decisions of the Hong Kong Court of First Instance mark the first time a number of issues relating to KWDs and EIPUs have been considered judicially.

Click here for the Chinese briefing.

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