SHANDONG CHENMING PAPER HOLDINGS LIMITED V. ARJOWIGGINS HKK 2 LIMITED

Shandong Chenming Paper Holdings Limited appealed on the question of Hong Kong's winding-up jurisdiction over foreign companies, specifically whether 'benefit' under the second core requirement could be based on leverage from the threat of a winding-up order rather than the order itself. The Court of Final Appeal considered the proper principles for exercising jurisdiction to wind up overseas companies. The appeal was allowed.