05/18/2022
It therefore rejected what would have represented a significant extension of the duty which would have required banks to monitor transactions for fraud not only with their customers in mind, but also any beneficial owners.
05/17/2022
Riding the waves of recognition
On 6 April 2022, the Hong Kong Court granted the liquidators’ application.
05/13/2022
It dismissed his argument that the lower court had conducted proceedings in an inadmissible manner.
05/11/2022
This decision reinforces the position that communications between a lawyer and client will generally attract LPP.
05/11/2022
The Court of Appeal agreed with the Court below that the evidence did not establish any genuine or serious claim in conspiracy.
05/08/2022
The Philipp case provides an excellent opportunity for financial instructions to review and improve their APP fraud measures.
05/06/2022
At the Sheriff Appeal Court all procedural hearings, including permission hearings, will take place via WebEx or by written submissions.
05/04/2022
The decision also comes at a time when the Grand Court’s Financial Services Division has seen a steady flow of Winding Up Petitions being filed which seek compulsory winding up on the just and equitable basis.
04/29/2022
In this article we consider the introduction of ‘no fault’ divorce, the procedural changes and the importance of obtaining legal advice
04/28/2022
Sung Kook (Bill) Hwang – the Founder and Head of Archegos – and Three Others Charged with Racketeering and Fraud Offenses Related to Market Manipulation Scheme
04/27/2022
The judgment also expressed the view that all legal proceedings against an ELP (i.e. not merely winding up petitions) must be brought against the general partner.
04/26/2022
The Court was satisfied that its conclusion "involves no element of prejudgment on the substantive issues raised in the proceedings" and overturned the decision on appeal.
04/22/2022
Other financial losses could result from the loss of the bargain, according to the court, which cited potential costs associated with a re-procurement exercise as an example.
04/22/2022
'My husband has left and taken the dog and boy do I miss her …'
04/14/2022
Former top Swiss banker convicted for fraud
A second defendant, Beat Stocker, the former CEO of an IT service management company, was given a four-year prison sentence and a fine.
04/14/2022
Under the domestic legal framework, Hong Kong SAR courts have continually demonstrated their support for arbitratio
04/12/2022
These cases taken together show that it will be a question of fact and degree whether the misappreciation of the degree of risk knowingly taken is so serious as to amount to a mistake and/or justify the Court withholding relief.
04/06/2022
TSB reported suspicious activity to the National Crime Agency (NCA), which refused to allow transactions on the account.
03/31/2022
Scottish court guides trustees on use of indemnity clauses in trust deeds
The trustee of the Plumbing and Mechanical Services (UK) Industry Pension Scheme had experienced difficulties in applying employer debt legislation laid out in section 75 of the Pensions Act 1995.
03/31/2022
The agreement obliged CHY to pay the put price to buy CIA’s put shares in CHZ.