Legal Updates
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The Court-Free Amalgamation Process in Hong Kong
An amalgamation is a legal process under which the assets and liabilities of two or more companies incorporated in Hong Kong merge and are brought under one of the original companies. Tim Drew and Herman Pang from the Corporate and Commercial practice group of Tanner…Read More
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Good songs – a positivity playlist
Frequent callers to Tanner De Witt are familiar with our regularly revolving playlist of seasonal songs, and as we head into summer this most recent batch of tunes seeks to look on the bright side of things. It is both a list featuring many artists…Read More
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Another obiter judgment, what is the status of the “Lasmos” approach now?
On 12 September 2019, we discussed the importance of the Court of Appeal’s judgment in But Ka Chon v Interactive Brokers LLC[1] (“But Ka Chon”). In But Ka Chon, the Court of Appeal made obiter observations moderating the Lasmos approach[2] in that a debtor would not be able to simply deny a…Read More
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Hong Kong Wage Subsidy Update 4 –Employment Support Scheme (ESS) Application details announced
UPDATE 5: 12 June 2020 – Hong Kong Wage Subsidy Update 5 – Reminder: Deadline to apply for 1st tranche of Employment Support Scheme (ESS) closes on Sunday, 14 June 2020 at 23:59 HKT The Hong Kong Government has announced the application process for the…Read More
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STOs: The What, Why, Who and How
Contents Part 1: What are security tokens? What is a token? A token is a digital asset that represents rights in respect of an application built on a blockchain protocol. The owner of the token has the ability to access, use, receive the benefit of…Read More
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Hong Kong Wage Subsidy Update 3 – HK Government releases further details on application process for Employment Support Scheme (ESS)
UPDATE 5: 12 June 2020 – Hong Kong Wage Subsidy Update 5 – Reminder: Deadline to apply for 1st tranche of Employment Support Scheme (ESS) closes on Sunday, 14 June 2020 at 23:59 HKT UPDATE 4: 19 May 2020 – Hong Kong Wage Subsidy Update…Read More
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Some considerations in setting up a trust
If you are concerned about how your assets could be protected or how your loved ones could continue to receive financial provisions or assets during your lifetime and after your death, establishing a Hong Kong trust is worth considering and in particular, a discretionary trust…Read More
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Power of Chairman at General Meeting to Disallow a Member’s Vote
The general rule under the Companies Ordinance (Cap. 622)[1] subject to the provisions of a company’s articles is that every member present in person or by proxy is entitled to vote at a general meeting. This general rule was tested in the case of Kwok…Read More
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Tanner De Witt wins 2020 IFLR Innovative Law Firm Award in Hong Kong
We are pleased to announce that Tanner De Witt has won IFLR’s 2020 award for Most Innovative Law Firm of Hong Kong. IFLR highlighted the challenging restructuring work Tanner De Witt has been involved in over the years, including “acting for the purchaser, China Cinda,…Read More
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Benchmark Litigation again ranks Tanner De Witt highly, listing twice as many practice groups as previous rankings
Partners Ian De Witt, Robin Darton and Jeff Lane were also selected as “Litigation Stars” in dispute resolution Tanner De Witt is delighted to be ranked Tier 1 for Insolvency, Tier 2 for Commercial and Transactions, Recommended in Private client – Domestic firms, and recognised…Read More
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Mergers and Acquisition – Deposit at the MOU Stage
In the context of mergers and acquisitions, it is not uncommon for the intended seller to ask for a deposit or other amount to be paid under a memorandum of understanding (“MOU”). The MOU, much of which is usually not binding, will also provide for…Read More
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Fortress or Sandcastle: Cybersecurity risks of working from home
COVID19 has led to more and more people working from home. This trend will continue in the future. Homes are not made of bricks and mortar in cybersecurity terms. Cybercriminals are finding it easier to huff and puff, and blow these straw houses down. Pádraig…Read More
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