29May2020

Key project team members for a Security Token Offering

Security token offerings (“STO”) are a next-generation financing model that combine the benefits of blockchain technology with traditional fund raising.  As with any fundraising exercise, conducting an STO can be stressful.  The stress is increased as the novelty of STOs makes the process more opaque. …Read More

28May2020

Section 183 notice: your right to silence may be put on hold when the SFC calls

Right to silence is a fundamental legal right that has been recognized in Hong Kong as well as in many of the world’s legal systems.  However, such a right of an individual is not guaranteed in all circumstances and it has often become a trap…Read More

27May2020

The Court-Free Amalgamation Process in Hong Kong

An amalgamation is a legal process under which the assets and liabilities of two or more companies incorporated in Hong Kong merge and are brought under one of the original companies.  Tim Drew and Herman Pang from the Corporate and Commercial practice group of Tanner…Read More

22May2020

Good songs – a positivity playlist

Frequent callers to Tanner De Witt are familiar with our regularly revolving playlist of seasonal songs, and as we head into summer this most recent batch of tunes seeks to look on the bright side of things. It is both a list featuring many artists…Read More

19May2020

Another obiter judgment, what is the status of the “Lasmos” approach now?

On 12 September 2019, we discussed the importance of the Court of Appeal’s judgment in But Ka Chon v Interactive Brokers LLC[1] (“But Ka Chon”). In But Ka Chon, the Court of Appeal made obiter observations moderating the Lasmos approach[2] in that a debtor would not be able to simply deny a…Read More

19May2020

Hong Kong Wage Subsidy Update 4 –Employment Support Scheme (ESS) Application details announced

UPDATE 5: 12 June 2020 – Hong Kong Wage Subsidy Update 5 – Reminder: Deadline to apply for 1st tranche of Employment Support Scheme (ESS) closes on Sunday, 14 June 2020 at 23:59 HKT The Hong Kong Government has announced the application process for the…Read More

14May2020

Hong Kong Wage Subsidy Update 3 – HK Government releases further details on application process for Employment Support Scheme (ESS)

UPDATE 5: 12 June 2020 – Hong Kong Wage Subsidy Update 5 – Reminder: Deadline to apply for 1st tranche of Employment Support Scheme (ESS) closes on Sunday, 14 June 2020 at 23:59 HKT UPDATE 4: 19 May 2020 – Hong Kong Wage Subsidy Update…Read More

12May2020

Some considerations in setting up a trust

If you are concerned about how your assets could be protected or how your loved ones could continue to receive financial provisions or assets during your lifetime and after your death, establishing a Hong Kong trust is worth considering and in particular, a discretionary trust…Read More

12May2020

Power of Chairman at General Meeting to Disallow a Member’s Vote

The general rule under the Companies Ordinance (Cap. 622)[1] subject to the provisions of a company’s articles is that every member present in person or by proxy is entitled to vote at a general meeting. This general rule was tested in the case of Kwok…Read More

11May2020

Tanner De Witt wins 2020 IFLR Innovative Law Firm Award in Hong Kong

We are pleased to announce that Tanner De Witt has won IFLR’s 2020 award for Most Innovative Law Firm of Hong Kong. IFLR highlighted the challenging restructuring work Tanner De Witt has been involved in over the years, including “acting for the purchaser, China Cinda,…Read More

11May2020

Benchmark Litigation again ranks Tanner De Witt highly, listing twice as many practice groups as previous rankings

Partners Ian De Witt, Robin Darton and Jeff Lane were also selected as “Litigation Stars” in dispute resolution Tanner De Witt is delighted to be ranked Tier 1 for Insolvency, Tier 2 for Commercial and Transactions, Recommended in Private client – Domestic firms, and recognised…Read More

08May2020

Mergers and Acquisition – Deposit at the MOU Stage

In the context of mergers and acquisitions, it is not uncommon for the intended seller to ask for a deposit or other amount to be paid under a memorandum of understanding (“MOU”).  The MOU, much of which is usually not binding, will also provide for…Read More