Arbitral Digest

Matter

CEIBS Publishing Group Limited v China Europe International Business School (Hong Kong High Court HCCW 12/2021)

  1. 22 November 2021Hong Kong

    22 November 2021Hong Kong

    Decision of the High Court of Hong Kong in the case [2021] HKCFI 3513 dated 22 November 2021

    High Court of Hong Kong

    Citation
    [2021] HKCFI 3513
    Decision summary
    The court stayed the winding-up petition pending determination of the arbitration and gave the parties liberty to restore the petition after the arbitration was determined.

    Supporting details

    5 participants
    China Europe International Business School
    CEIBS Publishing Group Limited
    Digital B-School China Limited
    Jiangsu Yunxuetang Network Technology Co., Ltd.
    CEIBS Management Limited
    High Court of Hong Kong

    2 years, 1 month and 24 days later · 784 days

  2. 15 January 2024Arbitration

    15 January 2024Arbitration

    Partial Final Award dated 15 January 2024

    Decision summary
    The Tribunal dismissed CEIBS Publishing Group Limited's claims, substantially upheld China Europe International Business School's counterclaim, and made declarations concerning the transfers of the ManCo Shares, board appointments, and Digital B-School China Limited's refusal to recognise China Europe International Business School's nominated directors.

    Supporting details

    6 participants
    CEIBS Publishing Group Limited
    China Europe International Business School
    Chengwei Evergreen Capital LP
    Chengwei Ventures Evergreen Advisors Fund LLC
    Chengwei Partners LP
    Digital B-School China Limited

    10 months and 5 days later · 310 days

  3. 20 November 2024Arbitration

    20 November 2024Arbitration

    Arbitration Costs Order dated 20 November 2024

    Decision summary
    The Tribunal made a costs order against Digital B-School China Limited in the arbitration.

    Supporting details

    2 participants
    Digital B-School China Limited
    China Europe International Business School

    1 month and 18 days later · 48 days

  4. 7 January 2025Hong Kong

    7 January 2025Hong Kong

    Enforcement Decision of the High Court of Hong Kong in the case HCCT 32-33/2024 dated 7 January 2025

    High Court of Hong Kong

    Case no.
    HCCT 32-33/2024
    Citation
    [2025] HKCFI 227
    Decision summary
    The court dismissed the application by the Chengwei Parties and Digital B-School China Limited to set aside the Partial Final Award, granted China Europe International Business School leave to enforce the award as a judgment of the court, and entered judgment in its terms.

    Supporting details

    8 participants
    China Europe International Business School
    Representative
    King & Wood Mallesons (For: China Europe International Business School)
    Chengwei Evergreen Capital LP
    Chengwei Ventures Evergreen Advisors Fund LLC
    Chengwei Partners LP
    Digital B-School China Limited
    Representative
    Davis Polk & Wardwell (For: Digital B-School China Limited)
    High Court of Hong Kong

    10 months and 17 days later · 321 days

  5. 24 November 2025Hong Kong

    24 November 2025Hong Kong

    Judgment of the High Court of Hong Kong, Court of First Instance in the case HCCW 12/2021 dated 24 November 2025

    High Court of Hong Kong, Court of First Instance

    Case no.
    HCCW 12/2021
    Citation
    [2025] HKCFI 5736
    Decision summary
    The court held that China Europe International Business School had been deprived of its rights to participate in the management of CEIBS Publishing Group Limited and that its interests as a member had been seriously and unfairly prejudiced. It held that the management and conduct of the company made it neither just nor equitable for China Europe International Business School to continue as a member, that no alternative remedy was available, and that it was just and equitable to make a winding-up order. The court made a costs order nisi requiring Digital B-School China Limited to pay the petition costs to China Europe International Business School, CEIBS Publishing Group Limited, and the Official Receiver, subject to taxation if not agreed and with a certificate for two counsel.

    Supporting details

    15 authorities · 16 participants
    China Europe International Business School
    Representative
    Rimsky Yuen (For: China Europe International Business School)
    Representative
    Alexsander Wong (For: China Europe International Business School)
    Representative
    Justin Ho (For: China Europe International Business School)
    Representative
    Jonathan Fung (For: China Europe International Business School)
    Representative
    Chong & Partners LLP (For: China Europe International Business School)
    CEIBS Publishing Group Limited
    Digital B-School China Limited
    Representative
    Kwan Ping Kan (For: Digital B-School China Limited)
    Representative
    Davis Polk & Wardwell (For: Digital B-School China Limited)
    Chengwei Evergreen Capital LP
    Chengwei Ventures Evergreen Advisors Fund LLC
    Chengwei Partners LP
    High Court of Hong Kong, Court of First Instance
    Other
    Institutional administrator
    Official Receiver
    Witness
    Xiang

    Authorities cited

    15
    • Hong Kong Companies (Winding Up and Miscellaneous Provisions) Ordinance (Cap. 32)
      statute
    • Hong Kong Companies (Winding Up) Rules (Cap. 32H)
      statute
    • Re South Asia Group (HK) Ltd ([2024] HKCFI 2070)
      case law
    • Lau v Chu ([2020] 1 WLR 4656)
      case law
    • Re Klimvest plc ([2023] 1 BCLC 388)
      case law
    • PI1 & PI2 v MR ([2025] HKCFI 1110)
      case law
    • FamilyMart v Ting Chuan ([2024] 1 All ER (Comm) 697)
      case law
    • Re A&BC Chewing Gum Ltd ([1975] 1 All ER 1017)
      case law
    • Kam Leung Sui Kwan v Kam Kwan Lai ((2015) 18 HKCFAR 501)
      case law
    • Re Saul D Harrison & Sons plc ([1994] BCC 475)
      case law
    • Re Westbourne Galleries ([1973] AC 360)
      case law
    • O'Neill v Phillips ([1999] 1 WLR 1092)
      case law
    • Grace v Biagioli ([2005] EWCA Civ 1222; [2006] BCC 85)
      case law
    • Re Neath Rugby ([2008] BCC 390)
      case law
    • Re Sam Weller & Sons Ltd ([1990] Ch 682)
      case law

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CEIBS Publishing Group Limited v China Europe International Business School (Hong Kong High Court HCCW 12/2021) · Matter