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Over 500 ex-staff of defunct Hong Kong newspaper Apple Daily may receive HK$49 million in back pay, court hears

Summary by Hong Kong Free Press
Hong Kong’s defunct newspaper Apple Daily, founded by jailed media mogul Jimmy Lai, may be able to pay HK$49 million to more than 500 former staff, a court has heard in a winding-up petition hearing. The High Court on Wednesday heard an application from two former employees of Apple Daily Limited, who urged the court to wind up the company that ceased operations in June 2021 after its senior executives were arrested and later charged under the n…
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