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Legal Updates
Insider Dealing – The case against Segantii Capital Management Limited and certain officers
On 2 May 2024, the Securities and Futures Commission (“SFC”) announced that it has commenced criminal proceedings against Segantii Capital Management Limited (“Segantii”), its director and chief investment officer Mr Simon Sadler, and former trader Mr Daniel La Rocca (together, the “Officers”) for the offence…Read More
Legal Update: Standish v Standish [2024] EWCA Civ 567
The decision in the case of Standish v Standish, Court of Appeal, England & Wales, concerns a high-profile divorce settlement and primarily concerns pre-marital contributions to the asset pool. In an unprecedented move, the Court of Appeal reduced the award to the Wife by GBP20…Read More
DAO and the Law: The Future
Decentralised Autonomous Organisations (DAOs) are an emerging method for organising community based activities using blockchain technology. In the final article in this series exploring legal issues related to DAOs in Hong Kong, Pádraig Walsh from the Digital Services and Fintech practice of Tanner De Witt…Read More
Stop resisting! Solicitors must deliver up the client files of its former insolvent client to the liquidators.
In what can only be described as a regretful sequence of events, a firm of solicitors was ordered to pay indemnity costs for unreasonably refusing to deliver up its former client’s files to the liquidators where no lien was claimed. Legal practitioners should bear in…Read More
DAOs and the law: Enforcement
Decentralised Autonomous Organisations (DAOs) are an emerging method for organising community based activities using blockchain technology. In the fourth of a series of articles exploring legal issues related to DAOs in Hong Kong, Pádraig Walsh and Shirley Kong from the Digital Services and Fintech practice…Read More
A “one stop” recognition order requiring non-responsive third parties to comply
Given Hong Kong’s status as an international financial hub and the fact that more than 75% of the companies listed on the main board of the Hong Kong Stock Exchange are incorporated in either the Cayman Islands or in Bermuda (only around 11 percent are…Read More
The Legacy of Re Guy Lam Lives on
The landmark Court of Final Appeal (“CFA”) decision of Re Guy Lam[1] has generated numerous articles written by practitioners and academics on the interaction between exclusive jurisdiction clauses and the court’s jurisdiction to wind up or bankrupt a debtor. Following the CFA’s decision, the Guy…Read More
The Use of Mediation in International Child Abduction Cases
Introduction An occurrence of international child abduction evokes negative emotions and strong condemnation. The unauthorised removal of a child from the loving care of a parent across international lines is obviously unacceptable. Equally so, is the retention of a child abroad without mutual parental consent. …Read More
DAOs and the law: Securities law
Decentralised Autonomous Organisations (DAOs) are an emerging method for organising community based activities using blockchain technology. In the third of a series of articles exploring legal issues related to DAOs in Hong Kong, Pádraig Walsh and Shirley Kong from the Digital Services and Fintech practice…Read More
DAOs and the law: Legal Wrappers
Decentralised Autonomous Organisations (DAOs) are an emerging method for organising community based activities using blockchain technology. In the first of our series of articles (available here), we looked at the legal nature of a DAO and some legal issues that can arise. In this article,…Read More
The Court of Final Appeal upholds the lawfulness of the “Letter of No Consent” Regime
On 10 April 2024, The Hong Kong Court of Final Appeal (“CFA”), Hong Kong’s highest court, delivered its ruling in Tam Sze Leung & Ors v Commissioner of Police [2024] HKCFA 8, affirming the validity of the Hong Kong Police’s Letter of No Consent (“LNC”)…Read More
DAOs and the law: Key Characteristics and Legal Issues
Decentralised Autonomous Organisations (DAOs) are an emerging method for organising community based activities using blockchain technology. Novel uses of technology give rise to novel legal issues, particularly when they intersect with capital and commerce. In the first of a series of articles, Pádraig Walsh and…Read More
