Abstract
This article considers the factors that contribute to effective commercial and company law reform. First, the factors contributing to the success of the recent company law reforms in Hong Kong will be considered. Next, suggestions will be made as to how future law reform processes may be improved. These will be a focus on personal property security law, which involves aspects of both commercial and company law. Suggestions include the importance of considering insolvency implications, the formation of a Personal Property Security Law Working Group in Hong Kong, and the need to allow sufficient time for the law reform process.
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