{"id":29234,"date":"2025-05-28T09:13:10","date_gmt":"2025-05-28T09:13:10","guid":{"rendered":"https:\/\/prelive-tdw.visibleone.app\/insight-and-news\/tanner-de-witt-successfully-defends-appeal-in-relation-to-ownership-of-the-subsidiaries-of-the-global-cord-blood-corporation-group\/"},"modified":"2025-09-22T03:09:01","modified_gmt":"2025-09-22T03:09:01","slug":"tanner-de-witt-successfully-defends-appeal-in-relation-to-ownership-of-the-subsidiaries-of-the-global-cord-blood-corporation-group","status":"publish","type":"insight-and-news","link":"https:\/\/www.tannerdewitt.com\/zh-hans\/insight-and-news\/tanner-de-witt-successfully-defends-appeal-in-relation-to-ownership-of-the-subsidiaries-of-the-global-cord-blood-corporation-group\/","title":{"rendered":"Tanner De Witt successfully defends appeal in relation to ownership of the subsidiaries of the Global Cord Blood Corporation group"},"content":{"rendered":"\n    \n\n<div style=\"background-image:url('https:\/\/www.tannerdewitt.com\/wp-content\/themes\/tanner-de-witt\/images\/insightdetails.jpeg')\"\n    class=\"insight-news-detail-hero\" id=\"insight-news-detail-hero\">\n\n\t\t<div style=\"background-color:\" class=\"insight-news-detail-hero-overlay \"><\/div>\n            <div class=\"z-[0]\">\n                <div class=\"insight-news-breadcrumbs flex items-end practice-areas-featured-breadcrumbs \">\n                    <a class=\"page-link no-underline\" href=\"https:\/\/www.tannerdewitt.com\/zh-hans\/\">\u9996\u9875<\/a>                <\/div>\n\n\n                <div class=\"hero-title\">\n                    <h1>\n                        Tanner De Witt successfully defends appeal in relation to ownership of the subsidiaries of the Global Cord Blood Corporation group                    <\/h1>\n                <\/div>\n                \n                    <div style=\"\" class=\"hero-date \">\n\n                        <span class=\"month\">May<\/span>\n                        <span class=\"day\">28<\/span>\n                        <span class=\"year\">2025<\/span>\n                    <\/div>\n\n            <\/div>\n    \n\n    \n\n\n\n<\/div>\n\n\n\n<script >\n    (function () {\n        document.addEventListener(\"DOMContentLoaded\", () => {\n\n            const breadCrumbsContainer = Array.from(document.querySelectorAll(\".practice-areas-featured-breadcrumbs\"));\n\n            breadCrumbsContainer.forEach(container => {\n                const breadCrumbLinks = Array.from(container.querySelectorAll('.page-link'));\n                const breadCrumbSeperators = Array.from(container.querySelectorAll('.separator'));\n\n                if (Array.from(breadCrumbLinks).length === 1) {\n                    const homeNode = breadCrumbLinks[0];\n\n                    if (!homeNode) {\n                        return\n                    }\n\n                    const postTypeNode = homeNode.cloneNode(true);\n                    postTypeNode.textContent = \"Insights and News\";\n                    container.insertAdjacentHTML('beforeend', `<span class=\"separator practice-areas-featured-breadcrumb-item-slash\">\/<\/span>`)\n                    container.insertAdjacentElement('beforeend', postTypeNode)\n                    breadCrumbLinks.push(postTypeNode);\n\n                    if (\"Insights\") {\n                        const categoryNode = homeNode.cloneNode(true);\n\n                        categoryNode.textContent = \"Insights\";\n                        container.insertAdjacentHTML('beforeend', `<span class=\"separator practice-areas-featured-breadcrumb-item-slash\">\/<\/span>`)\n                        container.insertAdjacentElement('beforeend', categoryNode)\n                        breadCrumbLinks.push(categoryNode);\n                    }\n\n\n                    const titleNode = homeNode.cloneNode(true);\n\n                    titleNode.textContent = \"Tanner De Witt successfully defends appeal in relation to ownership of the subsidiaries of the Global Cord Blood Corporation group\";\n                    container.insertAdjacentHTML('beforeend', `<span class=\"separator practice-areas-featured-breadcrumb-item-slash\">\/<\/span>`)\n                    container.insertAdjacentElement('beforeend', titleNode)\n                    breadCrumbLinks.push(titleNode);\n\n\n\n\n                }\n\n                breadCrumbLinks.forEach((link, index) => {\n\n                    link.classList.add('practice-areas-featured-breadcrumb-item-name');\n                    const origin = window.location.origin;\n                    const href = window.location.href;\n\n                    const originSplitter = window.location.href.includes(\"insight-and-news\") ? \"insight-and-news\" : window.location.href.includes('insights-and-news') ? \"insights-and-news\" : \"\"\n\n                    const paths = href.split(originSplitter);\n                    const links = paths[1].split(\"\/\").filter(Boolean)\n\n\n                    const resolvedOrigin = originSplitter ? (href.split(originSplitter)[0] || \"\") : (origin + \"\/\")\n\n                    if (index === 0) {\n\n                        if (!originSplitter) {\n                            link.href = origin\n                        } else {\n                            link.href = resolvedOrigin;\n                        }\n\n\n                    } else if (index === 1) {\n                        link.href = resolvedOrigin + originSplitter\n\n                    }\n                    else if (index === 2) {\n                        console.log(links)\n                        link.href = resolvedOrigin + originSplitter + \"\/\" + (links[0] || \"\")\n                    }\n                    else if (index === 3) {\n\n                        link.href = resolvedOrigin + originSplitter + \"\/\" + (links[0] || \"\") + \"\/\" + (links[1] || \"\")\n\n                    }\n\n\n\n                    \/\/ const words = link.textContent.split(\" \")\n                    \/\/ if (words.length > 4) {\n                    \/\/     link.textContent = words.slice(0, 4).join(\" \") + \"...\"\n                    \/\/ }\n\n                })\n\n                breadCrumbSeperators.forEach(separator => {\n                    separator.textContent = \"\/\"\n                    separator.classList.add('practice-areas-featured-breadcrumb-item-slash')\n                });\n\n\n            })\n\n\n        })\n        removeDivTag()\n    })();\n\n    function removeDivTag() {\n        console.log(\"remasfljas\");\n        const editorContainer = document.querySelector(\".editor-wysiwyg\");\n        \/\/ editorContainer.innerText = editorContainer.innerText.replace(\"<\/div>\", \"\")\n        Array.from(editorContainer.childNodes).forEach(el => {\n            if (el.textContent.includes(\"<\/div>\")) {\n                el.textContent = \"\"\n            }\n        })\n    }\n<\/script>\n\n<div class=\"editor-wysiwyg my-[40px]\">\n<div class=\"single-section\">\n<p><\/p>\n<p class=\"wp-block-paragraph\">In a two-and-a-half-year battle between the Cayman-appointed joint provisional liquidators (Chow Tsz Nga Georgia of Grant Thornton Recovery &amp; Reorganisation Limited, Margot MacInnis and John Royle of Grant Thornton Specialist Services (Cayman) Limited) (\u201c<strong>JPLs<\/strong>\u201d) and the former directors of Global Cord Blood Corporation (\u201c<strong>GCBC<\/strong>\u201d), Tanner De Witt successfully obtained a favourable <a href=\"https:\/\/legalref.judiciary.hk\/lrs\/common\/search\/search_result_detail_frame.jsp?DIS=158109&amp;QS=%2B%7C%28hca1407%2F2022%29&amp;TP=JU\" target=\"_blank\" rel=\"noopener\">preliminary issues Judgment<\/a> from The Honourable Madam Justice Linda Chan in February 2024. This was followed by another successful outcome on 21 May 2025 in the appeal brought by certain defendants.<\/p>\n<p> <\/p>\n<p class=\"wp-block-paragraph\">The case revolved around matters that took place around 22 September 2022, the date on which the JPLs were appointed.\u00a0 The former directors of GCBC, who were also former directors of the Plaintiff companies, orchestrated the transfer of all shares in four Hong Kong companies\u2014which collectively hold the GCBC group\u2019s assets\u2014to a Japanese individual for a total sum of USD4.00, which allegedly took place prior to the JPLs\u2019 appointment.\u00a0 Subsequently, directors and company secretaries were appointed by the purported new shareholder, who sought to represent themselves as such by submitting various forms with the Companies Registry.<\/p>\n<p> <\/p>\n<p class=\"wp-block-paragraph\">The Plaintiff companies, directed by the JPLs, commenced four actions in October 2024.\u00a0 Instead of waiting for the proceedings to go to trial in the usual manner which could take years, the Plaintiff companies made an application under Order 33 of The Rules of the High Court for seven preliminary issues to first be determined before the trial of other questions and issues.\u00a0 These preliminary issues include whether the purported transfer of shares and the subsequent appointment of directors and company secretary occurred after the JPLs\u2019 appointment and were backdated, and if not, whether the former directors did so in breach of their fiduciary duties owed to the Hong Kong companies.<\/p>\n<p> <\/p>\n<p class=\"wp-block-paragraph\">Following a three-day trial on preliminary issues in September 2023, which took place less than one year after the commencement of the actions, Her Ladyship ruled entirely in favour of the Plaintiff companies in relation to all seven preliminary issues, including finding that the purported transfer of shares took place after the JPLs\u2019 appointment and that the relevant transfer documents were backdated. \u00a0These rulings affirm the JPLs\u2019 authority to act on behalf of the Hong Kong entities and exercise control over their subsidiaries in the PRC.<\/p>\n<p> <\/p>\n<p class=\"wp-block-paragraph\">Shortly after the handing down of the judgment in February 2024, 3 of the 7 Defendants appealed against the judgment on various grounds, including, as they allege, the trial Judge\u2019s failure to take into account material facts when arriving at the findings in the Judgment, or that the trial Judge made findings in relation to mattes outside of the scope of the preliminary issues. \u00a0<\/p>\n<p> <\/p>\n<p class=\"wp-block-paragraph\">On 21 May 2025, the Court of Appeal held that none of the grounds of appeal raised by the appellants has merit and ordered the dismissal of the appeals.<\/p>\n<p> <\/p>\n<p class=\"wp-block-paragraph\">Read the decision of the Court of Appeal <a href=\"https:\/\/legalref.judiciary.hk\/doc\/judg\/word\/vetted\/other\/en\/2024\/CACV000081_2024.doc\" target=\"_blank\" rel=\"noopener\">here<\/a>.<\/p>\n<p> <\/p>\n<p class=\"wp-block-paragraph\">\u00a0<\/p>\n<p> <\/p>\n<p class=\"has-text-align-right wp-block-paragraph\"><em><strong>Ian De Witt, S<\/strong><\/em><strong><em>unny Hathiramani, Samantha Chan and Phoebe Chan <\/em><\/strong><\/p>\n<p> <\/p>\n<p class=\"wp-block-paragraph\">\u00a0<\/p>\n<p> <\/p>\n<p class=\"wp-block-paragraph\">If you would like to discuss any of the matters raised in this article, please contact:<\/p>\n<p> <\/p>\n<p class=\"wp-block-paragraph\"><a href=\"https:\/\/www.tannerdewitt.com\/our-people\/sunny-hathiramani\/\">Sunny Hathiramani <\/a><\/p>\n<p> <\/p>\n<p class=\"wp-block-paragraph\">Partner | <a href=\"mailto:sunnyhathiramani@tannerdewitt.com\">Email <\/a><\/p>\n<p> <\/p>\n<p class=\"wp-block-paragraph\">The above is not intended to be relied on as legal advice and specific legal advice should be sought at all times in relation to the above.<\/p>\n<\/div>\n<\/div>\n\n\n    <div class=\"tdw-three-cols-two-rows-article\" id=\"\">\n        <div style=\"background:#FFFFFF\"\n            class=\"three-cols-two-rows    \" id=\"three-cols-two-rows\">\n\n            <div class=\"three-cols-two-rows-title-button\">\n                <div class=\"flex flex-row justify-between w-[100%] max-w-[1360px] mx-auto\">\n                    <h3 class=\"title no-underline\">Featured Articles<\/h3>\n                    <div>\n\t\t\t\t\t\t\n\t\t\t\t\t\t\n\t\t\t\t\t\t\n                  \n\n                    <\/div>\n                <\/div>\n\n            <\/div>\n            <div class=\"three-cols-two-rows-container\">\n\n                                                                                        \n<a class=\"h-[100%] block no-underline group\" href=\"https:\/\/www.tannerdewitt.com\/zh-hans\/insight-and-news\/another-post-re-usum-decision-hong-kong-court-grants-disclosure-relief-in-aid-of-bvi-liquidation\/\">\n    <div style=\"background:#F8F8F8\" class=\"h-[100%]  article-card\"\n        id=\"article-card\">\n        <div class=\"article-card-header\">\n                                                <span style=\"color:#781d7e\" class=\"article-caption\">Insights<\/span>\n                \n            \n            <div class=\"article-title no-underline group-hover:!underline line-clamp-3\">\n                Another post-Re USUM decision: Hong Kong Court grants disclosure relief in aid of BVI liquidation\n            <\/div>\n        <\/div>\n\n        <div class=\"article-author-and-date-container \">\n                            <span data-href=\"https:\/\/www.tannerdewitt.com\/zh-hans\/our-people\/natalie-lam\/\"\n                    class=\"article-author cursor-pointer hover:underline\">\n                    \u6797\u5bb6\u5e0c<\/span>\n\n            \n                            <svg width=\"5\" height=\"5\" viewBox=\"0 0 5 5\" fill=\"none\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\">\n                    <path\n                        d=\"M0.680664 2.56641V2.20605C0.680664 1.70215 0.838867 1.28613 1.15527 0.958008C1.47754 0.629883 1.91406 0.46582 2.46484 0.46582C3.02148 0.46582 3.46094 0.629883 3.7832 0.958008C4.10547 1.28613 4.2666 1.70215 4.2666 2.20605V2.56641C4.2666 3.06445 4.10547 3.47754 3.7832 3.80566C3.4668 4.12793 3.03027 4.28906 2.47363 4.28906C1.92285 4.28906 1.48633 4.12793 1.16406 3.80566C0.841797 3.47754 0.680664 3.06445 0.680664 2.56641Z\"\n                        fill=\"#656363\" \/>\n                <\/svg>\n            \n            <span>14 September 2026<\/span>\n\n        <\/div>\n    <\/div>\n<\/a>\n\n<script>\n\n    (function () {\n        document.addEventListener(\"DOMContentLoaded\", () => {\n            const author = document.querySelector(\".article-author\");\n\n            author.addEventListener('click', (e) => {\n                e.stopPropagation();\n\n                window.location = author.getAttribute('data-href')\n            });\n        });\n    })();\n\n<\/script>                        \n                                                                        \n<a class=\"h-[100%] block no-underline group\" href=\"https:\/\/www.tannerdewitt.com\/zh-hans\/insight-and-news\/cybersecurity-for-banks-after-the-critical-infrastructure-ordinance-same-same-but-different\/\">\n    <div style=\"background:#F8F8F8\" class=\"h-[100%]  article-card\"\n        id=\"article-card\">\n        <div class=\"article-card-header\">\n                                                <span style=\"color:#781d7e\" class=\"article-caption\">Insights<\/span>\n                \n            \n            <div class=\"article-title no-underline group-hover:!underline line-clamp-3\">\n                Cybersecurity for Banks after the Critical Infrastructure Ordinance: Same Same, But Different\n            <\/div>\n        <\/div>\n\n        <div class=\"article-author-and-date-container \">\n                            <span data-href=\"https:\/\/www.tannerdewitt.com\/zh-hans\/our-people\/padraig-walsh\/\"\n                    class=\"article-author cursor-pointer hover:underline\">\n                    P\u00e1draig Walsh<\/span>\n\n            \n                            <svg width=\"5\" height=\"5\" viewBox=\"0 0 5 5\" fill=\"none\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\">\n                    <path\n                        d=\"M0.680664 2.56641V2.20605C0.680664 1.70215 0.838867 1.28613 1.15527 0.958008C1.47754 0.629883 1.91406 0.46582 2.46484 0.46582C3.02148 0.46582 3.46094 0.629883 3.7832 0.958008C4.10547 1.28613 4.2666 1.70215 4.2666 2.20605V2.56641C4.2666 3.06445 4.10547 3.47754 3.7832 3.80566C3.4668 4.12793 3.03027 4.28906 2.47363 4.28906C1.92285 4.28906 1.48633 4.12793 1.16406 3.80566C0.841797 3.47754 0.680664 3.06445 0.680664 2.56641Z\"\n                        fill=\"#656363\" \/>\n                <\/svg>\n            \n            <span>14 September 2026<\/span>\n\n        <\/div>\n    <\/div>\n<\/a>\n\n<script>\n\n    (function () {\n        document.addEventListener(\"DOMContentLoaded\", () => {\n            const author = document.querySelector(\".article-author\");\n\n            author.addEventListener('click', (e) => {\n                e.stopPropagation();\n\n                window.location = author.getAttribute('data-href')\n            });\n        });\n    })();\n\n<\/script>                        \n                                                                        \n<a class=\"h-[100%] block no-underline group\" href=\"https:\/\/www.tannerdewitt.com\/zh-hans\/insight-and-news\/news-update-hong-kong-moves-closer-to-a-full-virtual-asset-services-regime\/\">\n    <div style=\"background:#F8F8F8\" class=\"h-[100%]  article-card\"\n        id=\"article-card\">\n        <div class=\"article-card-header\">\n                                                <span style=\"color:#781d7e\" class=\"article-caption\">Insights<\/span>\n                \n            \n            <div class=\"article-title no-underline group-hover:!underline line-clamp-3\">\n                News update: Hong Kong moves closer to a full virtual asset services regime\n            <\/div>\n        <\/div>\n\n        <div class=\"article-author-and-date-container \">\n                            <span data-href=\"https:\/\/www.tannerdewitt.com\/zh-hans\/our-people\/evelyn-wong\/\"\n                    class=\"article-author cursor-pointer hover:underline\">\n                    \u9ec4\u548f\u598d<\/span>\n\n            \n                            <svg width=\"5\" height=\"5\" viewBox=\"0 0 5 5\" fill=\"none\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\">\n                    <path\n                        d=\"M0.680664 2.56641V2.20605C0.680664 1.70215 0.838867 1.28613 1.15527 0.958008C1.47754 0.629883 1.91406 0.46582 2.46484 0.46582C3.02148 0.46582 3.46094 0.629883 3.7832 0.958008C4.10547 1.28613 4.2666 1.70215 4.2666 2.20605V2.56641C4.2666 3.06445 4.10547 3.47754 3.7832 3.80566C3.4668 4.12793 3.03027 4.28906 2.47363 4.28906C1.92285 4.28906 1.48633 4.12793 1.16406 3.80566C0.841797 3.47754 0.680664 3.06445 0.680664 2.56641Z\"\n                        fill=\"#656363\" \/>\n                <\/svg>\n            \n            <span>06 August 2026<\/span>\n\n        <\/div>\n    <\/div>\n<\/a>\n\n<script>\n\n    (function () {\n        document.addEventListener(\"DOMContentLoaded\", () => {\n            const author = document.querySelector(\".article-author\");\n\n            author.addEventListener('click', (e) => {\n                e.stopPropagation();\n\n                window.location = author.getAttribute('data-href')\n            });\n        });\n    })();\n\n<\/script>                        \n                                                                        \n<a class=\"h-[100%] block no-underline group\" href=\"https:\/\/www.tannerdewitt.com\/zh-hans\/insight-and-news\/news-update-sfc-circular-sets-cybersecurity-measures-against-ai-enabled-cyberattacks\/\">\n    <div style=\"background:#F8F8F8\" class=\"h-[100%]  article-card\"\n        id=\"article-card\">\n        <div class=\"article-card-header\">\n                                                <span style=\"color:#781d7e\" class=\"article-caption\">Insights<\/span>\n                \n            \n            <div class=\"article-title no-underline group-hover:!underline line-clamp-3\">\n                News update: SFC circular sets cybersecurity measures against AI-enabled cyberattacks\n            <\/div>\n        <\/div>\n\n        <div class=\"article-author-and-date-container \">\n                            <span data-href=\"https:\/\/www.tannerdewitt.com\/zh-hans\/our-people\/padraig-walsh\/\"\n                    class=\"article-author cursor-pointer hover:underline\">\n                    P\u00e1draig Walsh<\/span>\n\n            \n                            <svg width=\"5\" height=\"5\" viewBox=\"0 0 5 5\" fill=\"none\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\">\n                    <path\n                        d=\"M0.680664 2.56641V2.20605C0.680664 1.70215 0.838867 1.28613 1.15527 0.958008C1.47754 0.629883 1.91406 0.46582 2.46484 0.46582C3.02148 0.46582 3.46094 0.629883 3.7832 0.958008C4.10547 1.28613 4.2666 1.70215 4.2666 2.20605V2.56641C4.2666 3.06445 4.10547 3.47754 3.7832 3.80566C3.4668 4.12793 3.03027 4.28906 2.47363 4.28906C1.92285 4.28906 1.48633 4.12793 1.16406 3.80566C0.841797 3.47754 0.680664 3.06445 0.680664 2.56641Z\"\n                        fill=\"#656363\" \/>\n                <\/svg>\n            \n            <span>04 August 2026<\/span>\n\n        <\/div>\n    <\/div>\n<\/a>\n\n<script>\n\n    (function () {\n        document.addEventListener(\"DOMContentLoaded\", () => {\n            const author = document.querySelector(\".article-author\");\n\n            author.addEventListener('click', (e) => {\n                e.stopPropagation();\n\n                window.location = author.getAttribute('data-href')\n            });\n        });\n    })();\n\n<\/script>                        \n                                                                        \n<a class=\"h-[100%] block no-underline group\" href=\"https:\/\/www.tannerdewitt.com\/zh-hans\/insight-and-news\/hong-kong-courts-first-recognition-of-bahamian-liquidation-after-landmark-case-re-usum\/\">\n    <div style=\"background:#F8F8F8\" class=\"h-[100%]  article-card\"\n        id=\"article-card\">\n        <div class=\"article-card-header\">\n                                                <span style=\"color:#781d7e\" class=\"article-caption\">Insights<\/span>\n                \n            \n            <div class=\"article-title no-underline group-hover:!underline line-clamp-3\">\n                Hong Kong Court\u2019s first recognition of Bahamian liquidation after landmark case Re USUM\n            <\/div>\n        <\/div>\n\n        <div class=\"article-author-and-date-container \">\n                            <span data-href=\"https:\/\/www.tannerdewitt.com\/zh-hans\/our-people\/tim-au\/\"\n                    class=\"article-author cursor-pointer hover:underline\">\n                    \u533a\u4f83\u6f5c<\/span>\n\n            \n                            <svg width=\"5\" height=\"5\" viewBox=\"0 0 5 5\" fill=\"none\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\">\n                    <path\n                        d=\"M0.680664 2.56641V2.20605C0.680664 1.70215 0.838867 1.28613 1.15527 0.958008C1.47754 0.629883 1.91406 0.46582 2.46484 0.46582C3.02148 0.46582 3.46094 0.629883 3.7832 0.958008C4.10547 1.28613 4.2666 1.70215 4.2666 2.20605V2.56641C4.2666 3.06445 4.10547 3.47754 3.7832 3.80566C3.4668 4.12793 3.03027 4.28906 2.47363 4.28906C1.92285 4.28906 1.48633 4.12793 1.16406 3.80566C0.841797 3.47754 0.680664 3.06445 0.680664 2.56641Z\"\n                        fill=\"#656363\" \/>\n                <\/svg>\n            \n            <span>17 July 2026<\/span>\n\n        <\/div>\n    <\/div>\n<\/a>\n\n<script>\n\n    (function () {\n        document.addEventListener(\"DOMContentLoaded\", () => {\n            const author = document.querySelector(\".article-author\");\n\n            author.addEventListener('click', (e) => {\n                e.stopPropagation();\n\n                window.location = author.getAttribute('data-href')\n            });\n        });\n    })();\n\n<\/script>                        \n                                                                        \n<a class=\"h-[100%] block no-underline group\" href=\"https:\/\/www.tannerdewitt.com\/zh-hans\/insight-and-news\/news-update-no-phishing-here-the-sfc-raises-cybersecurity-expectations-for-internet-brokers-and-virtual-asset-trading-platforms\/\">\n    <div style=\"background:#F8F8F8\" class=\"h-[100%]  article-card\"\n        id=\"article-card\">\n        <div class=\"article-card-header\">\n                                                <span style=\"color:#781d7e\" class=\"article-caption\">Insights<\/span>\n                \n            \n            <div class=\"article-title no-underline group-hover:!underline line-clamp-3\">\n                News update: No phishing here \u2013 The SFC raises cybersecurity expectations for internet brokers and virtual asset trading platforms\n            <\/div>\n        <\/div>\n\n        <div class=\"article-author-and-date-container \">\n                            <span data-href=\"https:\/\/www.tannerdewitt.com\/zh-hans\/our-people\/padraig-walsh\/\"\n                    class=\"article-author cursor-pointer hover:underline\">\n                    P\u00e1draig Walsh<\/span>\n\n            \n                            <svg width=\"5\" height=\"5\" viewBox=\"0 0 5 5\" fill=\"none\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\">\n                    <path\n                        d=\"M0.680664 2.56641V2.20605C0.680664 1.70215 0.838867 1.28613 1.15527 0.958008C1.47754 0.629883 1.91406 0.46582 2.46484 0.46582C3.02148 0.46582 3.46094 0.629883 3.7832 0.958008C4.10547 1.28613 4.2666 1.70215 4.2666 2.20605V2.56641C4.2666 3.06445 4.10547 3.47754 3.7832 3.80566C3.4668 4.12793 3.03027 4.28906 2.47363 4.28906C1.92285 4.28906 1.48633 4.12793 1.16406 3.80566C0.841797 3.47754 0.680664 3.06445 0.680664 2.56641Z\"\n                        fill=\"#656363\" \/>\n                <\/svg>\n            \n            <span>16 July 2026<\/span>\n\n        <\/div>\n    <\/div>\n<\/a>\n\n<script>\n\n    (function () {\n        document.addEventListener(\"DOMContentLoaded\", () => {\n            const author = document.querySelector(\".article-author\");\n\n            author.addEventListener('click', (e) => {\n                e.stopPropagation();\n\n                window.location = author.getAttribute('data-href')\n            });\n        });\n    })();\n\n<\/script>                        \n                                    \n            <\/div>\n            <div class=\"mt-5 xl:mt-0\">\n\t\t\t\t\t\t\t\t\n         \n\n            <\/div>\n        <\/div>\n    <\/div>\n\n\n<\/div>\n\n\n<p class=\"wp-block-paragraph\"><\/p>\n","protected":false},"excerpt":{"rendered":"<p>In a two-and-a-half-year battle between the Cayman-appointed joint provisional liquidators (Chow Tsz Nga Georgia of Grant Thornton Recovery &amp; Reorganisation Limited, Margot MacInnis and John Royle of Grant Thornton Specialist Services (Cayman) Limited) (\u201cJPLs\u201d) and the former directors of Global Cord Blood Corporation (\u201cGCBC\u201d), Tanner De Witt successfully obtained a favourable preliminary issues Judgment from [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"parent":0,"menu_order":0,"template":"","meta":{"_acf_changed":false,"footnotes":""},"tags":[133,22,23,191,155],"insight-category":[1121],"insight-month":[1154],"insight-practice-area":[1122],"insight-year":[1147],"class_list":["post-29234","insight-and-news","type-insight-and-news","status-publish","hentry","tag-insolvency","tag-latest-news","tag-legal-updates","tag-news-media","tag-restructuring","insight-category-legal-updates-and-insights","insight-month-may","insight-practice-area-restructuring-and-insolvency","insight-year-1147"],"acf":[],"_links":{"self":[{"href":"https:\/\/www.tannerdewitt.com\/zh-hans\/wp-json\/wp\/v2\/insight-and-news\/29234","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.tannerdewitt.com\/zh-hans\/wp-json\/wp\/v2\/insight-and-news"}],"about":[{"href":"https:\/\/www.tannerdewitt.com\/zh-hans\/wp-json\/wp\/v2\/types\/insight-and-news"}],"author":[{"embeddable":true,"href":"https:\/\/www.tannerdewitt.com\/zh-hans\/wp-json\/wp\/v2\/users\/1"}],"version-history":[{"count":1,"href":"https:\/\/www.tannerdewitt.com\/zh-hans\/wp-json\/wp\/v2\/insight-and-news\/29234\/revisions"}],"predecessor-version":[{"id":30446,"href":"https:\/\/www.tannerdewitt.com\/zh-hans\/wp-json\/wp\/v2\/insight-and-news\/29234\/revisions\/30446"}],"wp:attachment":[{"href":"https:\/\/www.tannerdewitt.com\/zh-hans\/wp-json\/wp\/v2\/media?parent=29234"}],"wp:term":[{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.tannerdewitt.com\/zh-hans\/wp-json\/wp\/v2\/tags?post=29234"},{"taxonomy":"insight-category","embeddable":true,"href":"https:\/\/www.tannerdewitt.com\/zh-hans\/wp-json\/wp\/v2\/insight-category?post=29234"},{"taxonomy":"insight-month","embeddable":true,"href":"https:\/\/www.tannerdewitt.com\/zh-hans\/wp-json\/wp\/v2\/insight-month?post=29234"},{"taxonomy":"insight-practice-area","embeddable":true,"href":"https:\/\/www.tannerdewitt.com\/zh-hans\/wp-json\/wp\/v2\/insight-practice-area?post=29234"},{"taxonomy":"insight-year","embeddable":true,"href":"https:\/\/www.tannerdewitt.com\/zh-hans\/wp-json\/wp\/v2\/insight-year?post=29234"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}