High Court orders immediate liquidation as Brilliant Education shuts down all operations

470

3rd April 2024 – (Hong Kong) Brilliant Education, a longstanding education institution that has operated for nearly 27 years, closed its doors entirely last year, resulting in the shutdown of its five tutorial centres. However, the difficulties for Brilliant Education did not end there. In early 2024, the company, along with its affiliated entities, faced multiple petitions for liquidation from various creditors, leading to legal proceedings in the High Court. On the 3rd of April, two of these cases were brought before Magistrate Matthew Leung for hearing and resolution. Ultimately, Magistrate Leung issued an order for the immediate liquidation of Brilliant Education and its related companies.

The petitioner in both cases was Kostiuchyk Nadiia, while Brilliant Education Development Limited and Brilliant Education Co Ltd were named as the respondents. Surprisingly, no legal representatives appeared on behalf of Brilliant Education during the court proceedings. The petitioner had already submitted all relevant documents pertaining to the liquidation, and the presiding magistrate granted the final order for the immediate liquidation of both companies.

According to available information, the educational institution operated a total of five branch campuses located in Siu Sai Wan, Shau Kei Wan, Chai Wan, Tai Koo, and Ho Man Tin. These campuses had been in operation for many years, offering a variety of services such as homework assistance, comprehensive tutorial classes, and summer programs. However, in July 2023, Brilliant Education abruptly ceased operations. In August of the same year, the 50-year-old female responsible person and company director were arrested on charges of engaging in improper acceptance of payment during the pre-sale of courses, thereby violating the “Trade Descriptions Ordinance.” Additionally, it was revealed that Brilliant Education had failed to contribute mandatory provident fund payments for approximately 42 employees during the period from January to June 2023, as confirmed by the Mandatory Provident Fund Schemes Authority.