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Advancing Private Adjudication of financial disputes in matrimonial and family proceedings
The first Private Family Adjudication (‘PFA’) was held recently in Hong Kong. It reportedly ran smoothly and led to a swift decision. It prevented a significant delay in ancillary relief trial proceedings, which had been adjourned due to the impact of Covid-19 on the Courts….Read More
Hong Kong Wage Subsidy Update 6 – Application process for 2nd tranche of Employment Support Scheme (ESS) to start on 31 August 2020 until 13 September 2020
The Hong Kong Government has announced that the application process for the second tranche of the ESS will commence on 31 August 2020 until 13 September 2020. The second tranche of the ESS is expected to be disbursed within three to four weeks after submission…Read More
Top Tips for Startups Seeking Legal Advice
Meeting lawyers can be intimidating. They seem to speak a different language. Sometimes, you’re none the wiser after the meeting. Then, the bill arrives. It doesn’t have to be that way. Forewarned is forearmed, and planning is everything. Tara Chan from the Corporate and Commercial…Read More
Press release: Landmark Hong Kong Court of Appeal decision confirms protection for all employees
For media: Download a PDF copy of this press release at this link. In a watershed Court of Appeal decision serving to protect the rights of all Hong Kong employees, the Court has found that the employer GF Capital (Hong Kong) Ltd wrongfully withheld pay…Read More
Hong Kong Government launches Visa-Free Entry for Arbitration Participants
Generally, anyone who does not have the right of abode or the right to land in Hong Kong requires a visa to work in Hong Kong. In the past, this requirement applied to all participants in arbitral proceedings in Hong Kong including arbitrators, witnesses, counsel,…Read More
Future Equity Agreements for Founders
Future Equity Agreements are succinct agreements that are relatively economical to enable startups to raise funds in a simple fashion when they require it. Tara Chan from the Corporate and Commercial practice group of Tanner De Witt summarises and assesses future equity agreements for founders….Read More
What Schrems II means for EU data transfers to Hong Kong
On 25 June 2013, Maximillian Schrems, an Austrian national, applied to the Data Protection Commissioner in Ireland to prohibit Facebook from transferring his personal data to the United States. Seven years later, that application has resulted in a judgement of the European Court of Justice…Read More
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 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
