Employment Update: Implementation of the Employment Support Scheme (ESS)

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. The first tranche […]

Nick GallSenior Partner, Gall Solicitors

Dealing with Team Moves and the Scope of Springboard Injunctions: The McLarens Hong Kong case

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 terms, if granted, […]

Nick GallSenior Partner, Gall Solicitors

Avoiding personal liability – the do’s and don’ts for directors of almost-insolvent companies

For directors, the winding up of a company could be judgment day when their past misdeeds come back to haunt them.  If insolvency is on the horizon, there are various matters directors should bear in mind lest incurring personal liability if insolvency becomes inevitable.  Unfair Preference  The rules governing unfair preference are found under sections […]

Nick GallSenior Partner, Gall Solicitors

Gall Hosts Insolvency Webinar with Lexology on 11th June, 2020

COVID-19 has created unforeseen challenges for businesses all over the world with an impact so far-reaching that several organisations are no longer able to survive. Governments have swiftly enacted relief measures but the financial consequences of the pandemic on businesses is unprecedented. Some common law jurisdictions have created new insolvency law measures to tackle the […]

Nick GallSenior Partner, Gall Solicitors

Employment Update: First tranche of the Employment Support Scheme (ESS) set to Open for Applications

The Government has recently provided more clarity on the Employment Support Scheme (“ESS”) and expanded its scope.  The application for the first tranche of the ESS is scheduled to open on 25 May 2020 until 14 June 2020. The application details for the second tranche of the ESS is yet to be announced.  All employers […]

Nick GallSenior Partner, Gall Solicitors

Avoiding personal liability – the do’s and don’ts for directors of almost-insolvent companies

For directors, the winding up of a company could be judgment day when their past misdeeds come back to haunt them.  If insolvency is on the horizon, there are various matters directors should bear in mind lest incurring personal liability if insolvency becomes inevitable.  Unfair Preference  The rules governing unfair preference are found under sections […]

Kenix YuenPartner, Gall Solicitors

COVID-19: insolvency in Hong Kong

COVID-19 has created unforeseen challenges for businesses all over the world with an impact so far-reaching that several organisations are no longer able to survive. Governments have swiftly enacted relief measures but the financial consequences of the pandemic on businesses is unprecedented. Some common law jurisdictions have created new insolvency law measures to tackle the […]

Kenix YuenPartner, Gall Solicitors

Andrew To participates in the IR Global Guide – A Jurisdictional Guide to Opening a Foreign Bank Account

Foreward by Andrew Chilvers For companies and individuals looking to move into new jurisdictions for business opportunities, setting up a bank account is a crucial part of the process. But this is never as straightforward as it seems. In all countries, banks are obliged to crack down on fraud and any potential financial scullduggery. As […]

Andrew ToPartner, Value Plus CPA Limited