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Hong Kong Court laid down principles for service out of examination orders on officers of corporate judgment debtors
13 January 2021, Litigation & Dispute Resolution, Newsletter, by Peter So, Victor Wong

In Changfeng Shipping Holdings Limited v Sinoriches Enterprises Co., Limited HCCT 59/2019; [2020] HKCFI 2703, the Hong Kong Court of First Instance laid down the principles applicable… LEARN MORE

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Proprietary relief not to be taken for granted in cyber fraud cases: Hong Kong Court rules the need for Plaintiff to show ownership of the property

In recent years, it seems that plaintiffs in cyber fraud cases are used to the Court rubber-stamping their applications for default judgment seeking declaratory relief. However,… LEARN MORE

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Recent developments in Cross-border insolvency law

Two recent decisions of the Honourable Mr Justice Harris are helpful additions to the growing amount of case law in this jurisdiction dealing with cross-border insolvency issues… LEARN MORE

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Hong Kong to introduce Corporate Rescue Bill in early 2021

At present, Hong Kong does not have any statutory corporate rescue regime. A financially distressed company may try to rescue its business by entering into (i) private debt restructuring… LEARN MORE

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Hong Kong SFC licensing and compliance hints

Can legal and compliance teams help senior management with SFC disclosure questions? Of course they can help but many people have been involved in incidents in their past of which… LEARN MORE

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A revisit of director eligibility and duties for Hong Kong OFCs

With the growing popularity of the Hong Kong open-ended fund company (OFC) structure following revisions to the OFC Code in September 2020, fund managers are increasingly looking… LEARN MORE

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SFC issues FAQs for compliance with electronic data storage rules

On 10 December 2020, the Securities and Futures Commission (SFC) issued Frequently Asked Questions (FAQs) providing guidance to licensed corporations(LCs) on how to meet the obligations… LEARN MORE

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SFC issues consultation conclusions and revised REITs Code

Hong Kong’s Securities and Futures Commission (SFC) revised the Code on Real Estate Investment Trusts (REITs) after a two-month consultation on the proposed amendments. The revised… LEARN MORE

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Three month time limit to set aside an arbitral award will rarely be extended
14 December 2020, Construction, Newsletter, by Joseph Chung,

In the recent case of A v D, HCCT 52/2020, the court dismissed the Applicants’ application for an extension of time to set aside an arbitral award. It held that bearing in mind… LEARN MORE

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When will an omission attract liability in negligence?
14 December 2020, Construction, Newsletter, by Kwok Kit Cheung,

In Rushbond Plc v The JS Design Partnership LLP, England’s Technology and Construction Court held that the Defendant firm of architects was not liable for damage to the Claimant’s… LEARN MORE

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