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Monthly Archives: July 2020
Enforcement of Judgment or Order by way of Charging Order and recent decided cases
Introduction Where a creditor has obtained a judgment or order against a debtor, the creditor can enforce the judgment or order by imposing a charging order on the properties as set out in section 20A of the High Court Ordinance (Cap. 4) (“HCO”), which are:-…Read More
Hong Kong: Arbitration hub in the Greater Bay Area
Arbitration has become the leading process for resolving international business disputes in Hong Kong as the region sees an increasing number of matters involving the Guangdong-Hong Kong-Macau Greater Bay Area. This article originally appeared in DutchCham Magazine’s July 2020 issue. Hong Kong is widely recognised…Read More
Key Points in the SFC Consultation Paper on Proposed Amendments to the REIT Code
The Hong Kong Securities and Futures Commission (“SFC”) released a consultation paper on 9 June 2020, proposing amendments to the Hong Kong Code on Real Estate Investment Trusts (“REIT Code”), to invite market participants and interested parties to comment on the proposed amendments. Pádraig Walsh…Read More
Legal update: Statutory maternity leave extended to 14 weeks (but change may not take effect until end of 2020)
On 17 July 2020, the Government published the Hong Kong Employment (Amendment) Ordinance 2019 (“Amendment Ordinance”) in the Gazette. The Amendment Ordinance increases the statutory maternity leave entitlements under the Employment Ordinance (Cap 57) in Hong Kong from 10 weeks to 14 weeks, to be…Read More
Managing M&A in an Economic Downturn
We are currently experiencing a global economic downturn triggered by the COVID19 pandemic. This has affected the entire commercial and finance world. M&A activity still continues though, even in these uncertain times. Some businesses seeking an exit are accelerating that process. Buyers with strong balance…Read More
Tanner De Witt’s family lawyers attend HKFLA talk on surrogacy and legal parenthood
On 20 July 2020, members of Tanner De Witt’s Family Law Department attended a talk on ‘Surrogacy and Legal Parenthood: Latest Developments in Hong Kong’ organised by the Hong Kong Family Law Association (“HKFLA”). The members’ talk was presented by Mr. Hectar Pun SC and…Read More
Managing Down Rounds in Venture Capital Fundraising
There is a global recession presently that has made fundraising a difficult task. Investors are looking to support their existing portfolio. Fresh capital deployment is scarce. There is real pressure on valuations. Many young businesses that have taken venture capital are running out of runway,…Read More
The new Limited Partnership Fund regime of Hong Kong
Private Equity (“PE”) funds play a critical role in providing growth capital to companies especially pre-IPO companies and unicorns. The past few years have witnessed the burgeoning development of PE funds across Asia-Pacific, in particular Hong Kong and Mainland China. PE funds have also gained…Read More
