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Shortly after its “first of its kind” decision in Re CEFC Shanghai International Group Limited  HKCFI 167 delivered at the beginning of this year, the Hong Kong Court, in its most recent decision in Re Shenzhen Everich Supply Chain Co, Ltd  HKCFI 965, once again made an order recognising the liquidation of a PRC company (the “Company”) in the Mainland and the appointment of the Company’s administrator (the “Liquidator”) by the Shenzhen Court.
Inside information disclosure during suspension of trading: Mayer Holdings v Securities and Futures Commission
Certain actual or anticipated bad news cause the trading of a listed company’s shares to be suspended. More bad news then come along and are announced while trading in the company’s shares remains suspended.
We are very pleased to once again be a global partner of Dive in, the international festival for diversity and inclusion in insurance.
A global look at alternative support that governments have chosen to introduce (or not) to support businesses and individuals during this pandemic.
Kennedys has continued its growth in the United States with the opening of its first West Coast office, in San Francisco, and the addition of a four-partner team.
In recent months, COVID-19 has led to a fundamental shift in the way we work. Millions of office workers are working from home or adopting flexible working arrangements on a daily basis. Meet-and-greet opportunities are completed over emails. Team meetings are conducted over video calls. This will be the “new normal” for a number of office workers in the foreseeable future.
Since the Civil Justice Reform (“CJR”), the courts have been highly critical of “stale” claims which have been inactive for years. In furthering the underlying objectives of CJR, in particular ensuring that the action is dealt with as expeditiously as reasonably practicable, the attitude of “letting the sleep dogs lie” (i.e. allowing inactive proceedings to remain dormant) is also no longer acceptable.
We are delighted to confirm the promotion of thirteen lawyers to our partnership across practice areas including commercial, employment and healthcare, as well as specialist areas of insurance and liability that include cyber, property and construction, professional liability, travel, abuse and fraud. Eight of those promoted are based in the UK, with four in the US and one in Australia. Our worldwide partner count is now 264.
The Australian Government has recently announced temporary changes to foreign investment review processes during the COVID-19 pandemic, under which all foreign acquisitions and significant investments in Australian businesses will require government approval.