Monthly Archives: February 2025
Must a foreign judgment be registered before being relied on as a petitioning debt?
The Court of Appeal of England and Wales (“EWCA”) recently handed down its decision in Servis-Terminal LLC v Valeriy Ernestovich Drelle [2025] EWCA Civ 62 clarifying that, as a matter of English law, an “unrecognised” foreign judgment cannot be relied upon as a basis to…Read More
Legal Update – Launch of the Immigration Facilitation Scheme for Persons Participating in Arbitral Proceedings
On 1 March 2025, the Hong Kong Government will launch the refined Immigration Facilitation Scheme for Persons Participating in Arbitral Proceedings (“Scheme”). Under the new Scheme, the following eligible persons (“Eligible Persons”) will be allowed to enter Hong Kong as a visitor to participate in…Read More
Legal Update: Anti-Suit Injunction restraining a Defendant in a Hong Kong Court action from continuing proceedings it commenced in the People’s Court of Beijing
On behalf of China City Construction (International) Co., Limited (In Creditors’ Voluntary Liquidation) (“CCCI”) and Dingway Investment Limited (In Compulsory Liquidation) (“Dingway”), both acting through their liquidators, Tanner De Witt successfully obtained an Anti-Suit Injunction (“ASI”) against China City Construction & Development Co., (HK) Limited…Read More
5 Impactful R&I Cases from 2024
If you would like to discuss any of the matters raised in this article, please contact: Robin Darton Partner | E-mail Tim Au Partner | E-mail The above is not intended to be relied on as legal advice and specific legal advice should be sought…Read More
Free Will or Fair Share? The Court’s Discretion in Making Provisions for a Surviving Spouse
The recent ruling in the case of WLK by MYW her next friend v. CCIW & Others [2024] HKFC 157 underscores the necessity of making reasonable provisions for a surviving spouse when drafting a will. It also affirms the Court’s discretion to award the spouse…Read More
New SFC Circular streamlines licensing for Virtual Asset Trading Platforms
In this news update, Pádraig Walsh from our Fintech practice group looks at the streamlined licensing process for virtual asset trading platforms (VATPs) introduced for all applicants by the Securities and Futures Commission (SFC) in its 16 January 2025 Circular[1]. Streamlined licensing process This Circular…Read More
Recent insights on the court free amalgamation process in Hong Kong
An amalgamation is the legal process under which the assets and liabilities of two or more companies incorporated in Hong Kong merge and are brought together under one surviving company. We have previously set out the requirements and procedures of the court free amalgamation process…Read More
SFC and HKEX collaborated in enforcement actions against a listed company and its former directors for misconduct involving over HK$660 million of losses, seeking disqualification and compensation orders
Background On 16 January 2025, the Securities and Futures Commission (“SFC”) and The Stock Exchange of Hong Kong Limited (“HKEX”) collaborated in enforcement actions against Mainboard-listed FingerTango Inc. (“FingerTango”) and eight (8) of its former directors (“Former Directors”) for misconduct and breach of their duties…Read More