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We are pleased to announce that we have strengthened our innovation capabilities with the opening of a new business, Kennedys Kognitive Computing, and the appointment of a nine-strong development team in India.
Case review 17/08/2018
Patrick Cowley and Anor (The Joint and Several Trustees in Bankruptcy of the Property of the Bankrupt) v All Powerful Holding Ltd and Anor HCB 104/2017 (1 August 2018)
Alleged mis-selling with a trusts twist – extra risks for banks in providing “one stop shop” services for wealthy individuals?
Wealthy individuals maintain a private banking account, through which they buy high risk investment products on margin. The markets then fall. The assets held in the account fall in value. Margin calls are made by the bank. The wealthy individuals then allege that the bank should not have sold such products to them.
Back in the autumn of 2014, the Insurance Authority (IA) launched a three month consultation on Risk-Based Capital (RBC) framework for the insurance industry in Hong Kong.
We have strengthened our commercial lines insurance capabilities with the appointment of a team to our Manchester office led by Nick Bond, who joins as Partner, and Robert Steele as Consultant.
The ongoing consultation from the Law Reform Commission of Hong Kong (LRC) is considering whether reform is needed to give court’s the power to make periodical payment orders (PPOs) for future costs in personal injury cases.
Case review 03/08/2018
The Hong Kong High Court recently struck out a wrongful life claim brought by an infant plaintiff against the Hospital Authority of Hong Kong.
Our global expansion has been supported by a 20% increase in headcount worldwide to over 1900 personnel, with lateral partner hires and mergers across our offices boosting the partnership to 277 – representing a rise of 37%.
Our personnel could become CEOs of their own legal start-ups after we shortlisted six of the 100+ proposals generated through our Ideas Lab, which will now be turned into prototypes.
Case review 10/07/2018
Court of Final Appeal decision marks a watershed moment for equality for same-sex couples in Hong Kong
The Court of Final Appeal (the “CFA”) handed down its decision on Wednesday 4 July 2018 in QT and the Director of Immigration FACV1/2018, ending proceedings which lasted over three years and forcing the Director of Immigration (the “Director”) to change its policy in respect of the granting of dependent visas in Hong Kong (the “Policy”).