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Legal Updates
Legal update: The Changing Nature of the Insolvency and Restructuring landscape in the PRC
We would like to thank the international restructuring and insolvency professionals who participated in Friday’s symposium co-hosted by the Richardson School of Law, University of Hawai‘i and Hong Kong’s Turnaround Management Association. The conference, titled Unlocking Value in the PRC: The Changing Nature of Restructurings…Read More
Legal update: Hong Kong Working Holiday Visa Scheme extended to British Nationals
Hong Kong law firm Tanner De Witt outlines the criteria and conditions of the Working Holiday Visa Scheme which is now open to British Nationals. The Hong Kong Working Holiday Visa Scheme allows national passport holders of participating countries to take up short-term employment or to…Read More
Legal update: Setting Up A Company In Hong Kong – A Community Effort
In the spirit of supporting startups in Hong Kong, law firm Tanner De Witt attended the Tech Startups & Corporates event at KPMG’s offices yesterday. The event, hosted by KPMG, EastFunding and Invest HK, was opened by Gregory So, Secretary for Commerce and Economic Development, HKSAR…Read More
Legal Advice For Setting Up A Company In Hong Kong – Startmeup HK sponsorship
Need help setting up a company in Hong Kong? Hong Kong law firm Tanner De Witt is delighted to announce its sponsorship of StartmeupHK’s 2014 Venture Programme Awards. The firm’s Corporate and Commercial practice will be donating in-kind legal services to select winners to help…Read More
Legal update: Divorce in Hong Kong – Legal Advice
Divorce rates in Hong Kong have increased close to 8 percent, according to the biannual Hong Kong Council of Social Services social development index, released last week. The 2014 index, shows over 21,000 divorces were decreed in 2012, the latest recorded period available. This figure…Read More
Legal update: Divorce In Hong Kong – Accessing Information Offshore
Tanner De Witt Solicitors’ Litigation and Private Client team, led by Hong Kong lawyer Mark Side, will be attending a talk on divorce by the Hong Kong Family Law Association tomorrow evening. The presentation, titled “Accessing Information Offshore In Support Of Hong Kong Divorce Proceedings”…Read More
Legal update: Employment Update April 2014
An employer’s casual assurances or promises to employees during separation discussions may considerably reduce the employer’s rights and remedies. Introduction The case of Igal Dafini v CMA CGM SA is a useful reminder that if an employer secures the agreement of a departing employee to…Read More
Legal update: Litigation funding for foreign insolvency practitioners — an update
As was noted in a previous article on this website last year, the May 2010 decision of Harris J in Re Cyberworks Audio Video Technology Ltd [2010] 2 HKLRD 1137 (“Cyberworks“) caused some excitement among the insolvency community in Hong Kong, as it was the…Read More
Legal update: Hong Kong’s New Arbitration Ordinance
Hong Kong has recently passed a new Arbitration Ordinance (Cap. 609). The New Arbitration Ordinance comes into effect on 1 June 2011, replacing the existing Arbitration Ordinance (Cap. 341). Arbitral proceedings and related Court proceedings started before the New Arbitration Ordinance comes into force will…Read More
Legal update: Recent developments in respect of unfair preference claims re: HCCW 755/2005 – Sweetmart Garment Works Limited (in Liquidation)
Introduction An unfair preference claim is (in theory) a powerful tool for liquidators to recover assets of the company when a creditor’s position has been unfairly improved by the company prior to its winding up. However, in practice the tool has rarely been used, and…Read More
Legal update: High Court clarifies remuneration of provisional liquidators
This update considers recent cases that clarify the statutory structure applying to a provisional liquidator’s remuneration. In particular, the cases illustrate the proper construction of Sections 194 and 196 of the Companies Ordinance and demonstrate how the application of the sections has evolved. Background Section…Read More
Legal update: Is an IP audit worth US$154 Million?
Mention ‘IP audit’ and many managers wonder if their company needs one. Is it really necessary? How much will an audit cost? Will it tie up human and financial resources? What benefits will I gain from it? A recent news article illustrates the importance of…Read More
