Download PDF Due to the COVID-19 outbreak, the Hong Kong Courts were closed for several months and thousands of court hearings were adjourned during this General Adjourned Period (“GAP”). Although the Family Court has now reopened there are social distancing measures in place which mean that hearings are continuing to be adjourned. We expect this
The ICLG to restructuring and insolvency covers common issues in restructuring and insolvency, including issues that arise when a company is in financial difficulties, restructuring options, insolvency procedures, tax, employees, and cross-border issues. View the Hong Kong chapter: https://iclg.com/practice-areas/restructuring-and-insolvency-laws-and-regulations/hong-kong *this chapter was first published in ICLG to: Restructuring and Insolvency
Download PDF The Government has announced the much-awaited implementation details of the ESS along with the penalties in case of breach of undertakings. Our most recent update on the details of the ESS can be viewed here. Application details – the information required The wage subsidies will be provided for 6 months in two tranches.
Download PDF Setting the Scene This practice note considers the applicable legal principles in respect of an application for a springboard injunction as well as key takeaways for employers seeking to protect their businesses when key employees depart. What is a springboard injunction? A springboard injunction is a type of prohibitive injunction. In general
Download PDF The Government has recently provided more clarity on the Employment Support Scheme (“ESS”) and expanded its scope. Comments The ESS is likely to encourage job retention for employees who could otherwise be made redundant. An employer who receives the subsidy would be under public scrutiny in the interests of accountability. This may
