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Ongoing Nina Wang saga: Hong Kong Court of Appeal grants leave for Chinachem Charitable Foundation to appeal to the Court of Final Appeal
The Court of Appeal ("CA") dismissed Chinachem Charitable Foundation Limited's (the “Foundation”) appeal on 11 April 2014 and held that Nina Wang had …
Whose house is it anyway? Hong Kong Court grapples with constructive and resulting trusts
In Cheung Hon Hung v Siu Wai Chun, the personal relationship between the plaintiff and the defendant had broken down, and they were in dispute over a …
Hong Kong Market Misconduct Tribunal bans Tiger Asia Management LLC and Bill Hwang Sung Kook from trading securities in Hong Kong for a period of 4 years
The MMT on 7 October 2014 made “cold shoulder orders” and “cease and desist orders” against New York-based asset management company, Tiger Asia, and Mr …
Herbert Smith Freehills launches new legal guide to "Financial Services Regulation in Asia Pacific"
Herbert Smith Freehills officially launched its new legal guide to "Financial Services Regulation in Asia Pacific" in Hong Kong on 9 October 2014 and in …
Staying a 25-year old winding up proceeding
In the unusual case of Albert Edward Rodrigues v Associacao Portuguesa de Socorrous Mutuos (in liquidation) (HCMP 1391/2014), the Hong Kong Court of …
UK: High Court upholds contractual clause precluding banks' liability for negligent advice in swaps mis-selling claim
In Crestsign Limited v (1) National Westminster Bank Plc and (2) The Royal Bank of Scotland Plc, the UK High Court upheld contractual clauses (known as …
Singapore: Court of Appeal confirms employer-friendly approach to constructive dismissal damages
In the recent decision of Wee Kim San Lawrence Bernard v Robinson & Co (Singapore) Pte Ltd [2014] SGCA 43 the Court of Appeal considered the measure …
Stay of Hong Kong winding-up petition pending foreign appeal proceedings
In the recent case of In re Shiamas International Limited (HCCW 80/2014), the Hong Kong Court of First Instance refused to stay a winding-up petition on …
Discharging Court appointed interim receivers in Hong Kong
In the very recent, but complex, case of Achieve Goal Holdings Limited v Zhong Xin Ore-Material Holding Company Limited (HCA 1987/2005), the Court of …
Singapore: Court of Appeal decides interim awards are enforceable
In the case of PT Perusahaan Gas Negara (Persero) TBK v CRW Joint Operation (Indonesia) [2014] SGHC 146, the Singapore Court of Appeal considered the …
UK: Court of Appeal overturns High Court's decision to enforce a restrictive covenant despite obvious deficiencies in drafting
We have previously written about a decision of the English High Court which upheld the terms of a restrictive covenant despite certain deficiencies in …
The status of foreign liquidators recognised in Hong Kong
The recent case of The Joint Official Liquidators of A Company v B and Another has confirmed that a liquidator of a foreign company can seek the Hong …
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