Background

On 2 August 2022, The Securities and Futures Commission (the “SFC”) published an Agenda for Green and Sustainable Finance (the “Agenda”) outlining its further steps to support Hong Kong’s role as a regional green finance centre. The SFC will continue supporting the development of green and sustainable finance in Hong Kong and the transition to a greener economy through enhancing the quality of information available, increasing transparency and building trust for investors. The three main areas of focus are:

(1) Enhancing corporate disclosures;
(2) Monitoring the implementation of and enhancing existing measures relating to environmental, social and governance (ESG) funds and expectations for fund managers; and
(3) Identifying an appropriate regulatory framework for any proposed carbon markets.

We acted for the Defendant Mother (“the Mother”) who obtained a Hadkinson Order pursuant to a judgment given by the Court of Appeal on 26 January 2022 (“the Judgment”), to the effect that unless the Plaintiff Father (“the Father”) complies and continues to comply with a prior Order made in the Family Court in relation to financial provision for the child, his appeal regarding the custody, care and control of the child shall stand dismissed without further Order of the Court.
On 23 February 2022, by way of a Notice of Motion, the Father applied for leave to appeal to the Court of Final Appeal in respect of the said Hadkinson Order on the ground that the Court erred in the “finding of facts” and further erred in its conclusion that the conditions for a Hadkinson Order were met.

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Our Partner Milly Hung and Senior Associate Michael Lau have recently been invited to co-author the Hong Kong Chapter of “International Comparative Legal Guide – International Arbitration 2022”, published by Global Legal Group.

Asian Legal Business (ALB) recently announced the finalists of the 21st ALB Hong Kong Law Awards. We are pleased to share that we have been nominated in the following six categories:

• Civil Litigation Law Firm of the Year
• Dispute Resolution Boutique Law Firm of the Year
• Matrimonial and Family Law Firm of the Year
• Transactional Boutique Law Firm of the Year
• Dispute Resolution Lawyer of the Year – Heidi Chui
• Woman Lawyer of the Year (Law Firm) – Heidi Chui

Stevenson, Wong & Co. acted as Hong Kong legal advisers to International Alliance Financial Leasing Co., Ltd. (Stock Code: 1563) (the “Company”) in its extreme and connected transaction in relation to the acquisition of 70% interests in Yantai Nanshan University* (烟台南山学院) (the “Target College”), at a total consideration of RMB566 million (the “Acquisition”). The Acquisition was approved by the independent shareholders of the Company and completed on 18 August 2022.