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  • Article

    A Clever Shortcut? Thoughts On The China Properties Group Case

    In the case of Re China Properties Group Limited (in Liquidation) [2023] HKCFI 2346, the Hong Kong Court has shown its commitment to providing assistance to local liquidators...
    Hong KongInsolvency/Bankruptcy/Re-Structuring
    Conyers
    Conyers
  • Article

    Hong Kong Stock Exchange Proposes To Codify Directors' Obligations As Listing Rules And Expand Paperless Listing Regime

    In a recent consultation paper seeking public feedback on proposals to expand the paperless listing regime (Consultation), the Hong Kong Stock Exchange (Exchange)
    Hong KongFinance and Banking
    Mayer Brown
    Mayer Brown
  • Article

    Conversion Of A Cayman Umbrella Fund From An Exempted Company To A Segregated Portfolio Company

    Umbrella fund structures in the Cayman Islands are commonly established either as an exempted company ("EC") or as a segregated portfolio company ("SPC").
    Hong KongCorporate/Commercial Law
    Conyers
    Conyers
  • Article

    Family Office Governance: Why An Independent Professional Is Essential

    Every family is different, not just in terms of the dynamics of its constituent members, but in terms of its accumulated wealth, investments, real estate, or any underlying operating businesses.
    Hong KongCorporate/Commercial Law
    The Sovereign Group
    The Sovereign Group
  • Article

    Too Radical For A Change? A Summary Of Garofalo V Crisp And Ors

    In a recent decision, the High Court in England provided helpful guidance on the high evidential bar that must be satisfied for the English courts to grant the exceptional interim...
    GlobalCorporate/Commercial Law
    Conyers
    Conyers
  • Article

    Robust Corporate Governance For Hong Kong's New Limited Partnership Fund Regime

    The introduction of new domestic fund regimes in two Asian financial centres, which includes Hong Kong's limited partnership legislation for private funds, has renewed focus on the benefits of a robust corporate governance framework.
    Hong KongCorporate/Commercial Law
    Maples Group
    Maples Group
  • Article

    Corporate Insolvency In The Time Of The Coronavirus Pandemic In Hong Kong

    No one expected that the culprit responsible for putting an end to Wall Street's 11-year "bull market" would be the COVID-19 pandemic. With many countries in lockdown, the COVID-19 pandemic has battered..
    Hong KongCoronavirus (COVID-19)
    Withers LLP
    Withers LLP
  • Article

    English High Court Blocks Derivative Action Against Shell's Directors From Climate-Change Activist Shareholder

    Recently, we see a significant uptick in ESG litigations in different parts of the world. Together with this trend came activists' attempts to make use of judicial channel to hold companies accountable...
    Hong KongCorporate/Commercial Law
    Herbert Smith Freehills Kramer LLP
    Herbert Smith Freehills Kramer LLP
  • Article

    Hong Kong Stock Exchange Censures Directors For Breach Of Fiduciary Duties

    In a recent disciplinary action, the Hong Kong Stock Exchange (HKEX) censured directors of a listed company for failure to fulfil fiduciary duties and duties of skill...
    Hong KongCorporate/Commercial Law
    Mayer Brown
    Mayer Brown
  • Article

    Securities Law – Can A Shareholder Bring Proceedings On Behalf Of The Company?

    Grand Field Group Holdings Limited (the "Company") was listed on the Hong Kong Stock Exchange and carried on the business of property development and sales in China through its subsidiaries.
    Hong KongCorporate/Commercial Law
    Angela Wang & Co.,
    Angela Wang & Co.,
  • Article

    Restructuring Your Business: The Asian Perspective

    In the current economic climate, and particularly in the context of the implications of COVID-19 (coronavirus), many businesses are considering restructuring and/or rescheduling indebtedness.
    Hong KongInsolvency/Bankruptcy/Re-Structuring
    Norton Rose Fulbright Hong Kong
    Norton Rose Fulbright Hong Kong
  • Article

    Personal Liability Of Company Directors On Penalty Tax For Incorrect Profits Tax Returns Filed

    This is an appeal case concerning whether an individual is liable for additional penalty tax for signing an incorrect profits tax return for a company in which he/she holds a directorship.
    Hong KongTax
    PKF
    PKF
  • Article

    Gender Diversity In The Boardroom – Where Are We Now In Hong Kong And APAC?

    Diversity & inclusion remains a priority for many businesses, even during these challenging times. A large part of recent conversation concerns encouraging greater female representation on corporate boards...
    Hong KongCorporate/Commercial Law
    Seyfarth Shaw LLP
    Seyfarth Shaw LLP
  • Article

    HKEx Imposed Severe Sanctions Against Directors For Failures To Comply With Connected Transaction Rules

    In a recent Statement of Disciplinary Action, the Hong Kong Stock Exchange (HKEx) censured Xinyuan Property Management Service (Cayman) Ltd for having conducted 11 separate...
    Hong KongCorporate/Commercial Law
    Mayer Brown
    Mayer Brown
  • Article

    HKEX: Zero Tolerance To Inaccurate Bio Details About Directors

    In a recent statement of disciplinary action, The Stock Exchange of Hong Kong Limited (HKEX) censured a former executive director (the Director) for providing inaccurate, incorrect...
    Hong KongCorporate/Commercial Law
    Mayer Brown
    Mayer Brown
  • Article

    Private Trust Company (PTC) – A Flexible Succession Planning Vehicle That Allows A Family To Remain In Control

    Trusts offer a range of benefits for families with complex assets or family succession issues who are seeking to move away from direct ownership to a structure...
    Hong KongCorporate/Commercial Law
    The Sovereign Group
    The Sovereign Group
  • Article

    SFC Seeks Restoration Orders Against Company And Director For Misleading Prospectus

    On 19 June 2020, the SFC commenced proceedings in the Market Misconduct Tribunal against Tianhe Chemicals Group Limited and its executive director, Wei Xuan, under section 277 of the Securities and Futures Ordinance ...
    Hong KongCorporate/Commercial Law
    ONC Lawyers
    ONC Lawyers
  • Article

    Latest Legislative Developments on "Shadow Companies"

    The Government has recently tabled a bill before the Legislative Council introducing changes to the company names system. Among other reforms, the proposal gives the Companies Registrar a power to substitute company names which are adjudged by the court to be infringing another's rights.
    Hong KongIntellectual Property
    Mayer Brown
    Mayer Brown
  • Article

    Corporate Insolvency In The Time Of The Coronavirus Pandemic In Hong Kong

    Click here to read more insights on how we can weather the coronavirus outbreak with you.
    Hong KongCorporate/Commercial Law
    Withers LLP
    Withers LLP
  • Article

    Is There A Requirement For A Company Secretary In Hong Kong?

    Yes. Under the Companies Ordinance (Cap. 622), every Hong Kong company – whether private or public – is required to appoint a company secretary.
    Hong KongCorporate/Commercial Law
    The Sovereign Group
    The Sovereign Group

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