Corporate and Commercial Law

03Jul2020

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

19Jun2020

Tanner De Witt sponsors Security Law & Compliance Conference series in Shanghai in June 2020

Tanner De Witt is pleased to support as Gold Sponsor this popular conference series in China. Corporate and Commercial solicitor Peter Tang is in Shanghai this week to attend The Annual China Cyber Security Law & Compliance Conference, The Annual China Intellectual Property Conference and The China…Read More

01Jun2020

Tanner De Witt boosts banking practice with the promotion of Jan Willem Möller to Partner

Tanner De Witt announces with great pleasure the appointment of banking and finance lawyer Jan Willem Möller as Partner of the firm effective today. Jan Willem joined Tanner De Witt in early 2016 and has steadily grown his practice since. His experience ranges from distressed…Read More

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

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

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

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

20Apr2020

Corporate Meetings During Social Distancing

Work-from-home arrangements. Restrictions on travel. No gatherings of four people or more. COVID-19 has changed how we work, live and socialise. The pandemic has also affected how companies conduct their corporate governance. We are now in financial reporting season when companies are convening board and…Read More

16Apr2020

Is COVID-19 an event of force majeure?

Does COVID-19 allow you to get out of your contract on the grounds of force majeure? We have been asked this question several times in recent weeks. COVID-19 has hurt many businesses and has stopped contract performance in its tracks in many instances. Does that…Read More

15Apr2020

Challenging Capital Reductions by Hong Kong Companies

Until recently, a Hong Kong incorporated company was allowed to reduce its share capital only with the approval of the court.  In 2014, the new Companies Ordinance (Cap. 622) introduced a new court-free procedure to allow a company to reduce its capital by passing a…Read More

07Apr2020

Retailers’ Relief – deadline of 12 April 2020

Retail Sector Subsidy Scheme – Eligibility and Requirements The HKSAR Government has established the “Retail Sector Subsidy Scheme” (the “Scheme”) being a part of the HK$30 billion “Anti-epidemic Fund” to provide relief to retailers over financial difficulties arising from the COVID-19 epidemic. This summary intends…Read More