29 Apr 2015

Transaction Update

Stevenson, Wong & Co. assisted Shenzhen Qianhai Financial Holdings Co., Ltd. to issue RMB1 billion credit enhanced bonds on HKEx (85714.hk)

Acting for Shenzhen Qianhai Financial Holdings Co., Ltd. (the “Issuer”) as the legal advisers as to Hong Kong laws for its CNY1,000,000,000 4.55 percent credit enhanced bonds with the benefit of an irrevocable standby letter of credit provided by China Development Bank Corporation.

24 Apr 2015

The 12th Annual Asian Legal Business (ALB)

The 12th Annual Asian Legal Business (ALB) China Law Awards 2015 was held on April 23, 2015 in Beijing which recognizes the excellence and outstanding achievements of China’s leading law firms and in-house legal teams as well as the top deals and dealmakers for the past year.

17 Apr 2015

IP Newsletter

Cannot Sing Along!
Gold Typhoon Entertainment Limited v Legend World Asia Group Limited (Phonographic Performance (South East Asia) Limited as Third Party) HCA1931/2012 – Court of First Instance

The plaintiff, Gold Typhoon Entertainment Limited, is the owner of the copyrights of karaoke music videos (“KMVs”) of local popular songs in Hong Kong. The defendant is operating a karaoke pub known as Vegas Club in which karaoke music videos are performed.

17 Apr 2015

IP Newsletter

Juicy Can or Juicy Can’t ?
ABG Juicy Couture, LLC. V Bella International Limited & Anor HCA1764/2008 – Court of First Instance

The plaintiff, ABG JUICY COUTURE, LLC., is the owner of a business which designs and markets contemporary casual apparel and fashion accessories primarily for young ladies, which promoted and used the word marks “JUICY” and “JUICY COUTURE” in U.S.A. since 1996 and were registered by the plaintiff in 2000. The marks were used alone or incorporated with some elements of design on the fashion products and related retail services. The plaintiff further claims that the fashion goods were marketed and promoted under the “JUICY COUTURE” brand as a US brand with emphasis on its origin on Los Angeles and/or California.

17 Apr 2015

IP Newsletter

Coffee and Tea – WHOSE???
Tsit Wing (Hong Kong) Company Limited & Anor v TWG Tea Company PTE Ltd & Anor CACV 191/2013 – Court of Appeal

The plaintiffs were part of “Tsit Wing Group”, a large and famous Hong Kong coffee and tea manufacturer, supplier, distributor and retailer, which owned the trade marks “TW” and “TWG” registered in Hong Kong in 2006 and used them over a number of fast food chains, tea houses, hotels and cafes and western restaurants. The plaintiffs also supplied products directly to corporate end-users such as banks, accounting firms and law firms and sold its products in supermarkets and convenience stores.

13 Apr 2015

First Imprisonment Penalty under the Hong Kong Personal Data (Privacy) Ordinance

On 4 December 2014, an insurance agent was sentenced to jail for 4 weeks for a contravention of section 50B(1)(c)(i) under the Personal Data (Privacy) Ordinance, Cap. 486 of the Laws of Hong Kong (“PDPO”). Under the said provision, a person commits an offence if he makes a statement to the Privacy Commissioner (“Commissioner”) which he knows is false or does not believe to be true or knowingly mislead the Commissioner, and is liable for a maximum fine of HK$10,000 and 6 months’ imprisonment.