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Changes to Hong Kong’s winding up and insolvency law
The Companies (Winding Up and Miscellaneous Provisions) (Amendment) Ordinance 2016 (hereinafter, “the Ordinance”) was published on 2nd June 2016.
Trusts Law Update
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Implied term of anti-avoidance in Hong Kong
The Court of Appeal in Tadjudin Sunny v Bank of America, National Association (CACV 12/2015) (hereinafter, “Ms. Tadjudin” and “the Bank” respectively) upheld the Court of First Instance’s decision that the Bank, when it terminated Ms. Tadjudin’s employment, was in breach of the implied term of anti-avoidance, in order to avoid her being eligible under the performance incentive programme.
Partners of Stevenson, Wong & Co. attended the CAAO 35th anniversary dinner
On 23 June 2016, our partners Mr. Willy Cheng, Mr. Eric Lui and Ms. Heidi Chui attended a gala dinner organised by the Association of China-Appointed Attesting Officers Limited to celebrate the 35th anniversary of the establishment of the China-Appointed Attesting Officer (CAAO) system. The gala was held at JW Marriott Hotel Hong Kong.
Stevenson, Wong & Co. attended conference in Zhengzhou cum opening ceremony of AllBright Law Offices Zhengzhou Branch
On 18 June 2016, our partners Mr. Willy Cheng and Mr. Eric Lui attended the opening ceremony of AllBright Law Offices (Zhengzhou)