News today that MFG Hong Kong have court permission to return immediately 500m HKD (around 40%) of client money as interim payment, and expect to return 90% or more in total (possibly all of it). This is the stage I hoped that we would be at about now. Its another country, like the UK, that provides a good benchmark for our progress. Should also provide useful input into the review of Australia's insolvency practitioners, and inform some comparisons between the global consultancy brands - both HK and UK being run by KPMG.
