Asia Employment, Pensions And Incentives Update: May 2023

This month's update covers the following:

• a recent Singapore case where the court dealt with an appeal against damages for the non-delivery of shares granted to employees as part of an incentive scheme. The court considered whether termination of employment could deprive an employee of their unvested shares, even though the termination was only days away from the vesting of the shares and from a change of control event which would have accelerated the vesting. Click here for a summary of the case.
  
  
• over in Mainland China, several employment guiding cases issued by local courts in Beijing, Shanghai, Guangdong and Jiangsu, can offer valuable insight into the courts' decision making process in future cases. Click here for more details.