Campbells is pleased to announce that partners Robert Searle and Jenny Nip were recognised as two of the top ten offshore lawyers in Asia in the Offshore Client Choice List by Asian Legal Business. The list comprises Asia’s standout lawyers from offshore law firms that, not only meet, but exceed client expectations.
This advisory discusses Palladyne International Asset Management B.V. v Upper Brook (A) Limited and others, where an application was made by Palladyne for leave to appeal to the Judicial Committee of the Privy Council.
Campbells acted as Cayman Islands and British Virgin Islands legal counsel for Peijia Medical Limited (“Peijia Medical”) on the second largest IPO on the Hong Kong Stock Exchange this year, raising HK$2.34 billion (US$301 million) (and up to $2.69 billion (US$346 million) upon exercise of the over-allotment option).
In business, contractual counter parties have been considering how unforeseen “supervening” events affect the rights and obligations of their agreements. Much has been written recently on ‘frustration of contracts’ (as well as the various other kinds of frustration), but where does this concept come from and is there anything to be learned from history about how might it be applied today?
The requirements for filing of beneficial ownership information for Cayman Islands companies will change with effect from 15 May 2020 in two respects due to international requirements. These changes are expected to affect a relatively small number of companies.
On 22 January 2020, the Court handed down judgment in the matter of Pacific Fertility Institutes Holding Company Limited v Pacific Fertility Institutes (HK) Holding Company Limited.
The Cayman Islands Government has approved and enacted the Labour (Amendment) Law, 2020 and the Labour (Extension of Severance Pay Period) Regulations, 2020 to assist employers during the Covid-19 pandemic.
The BVI was one of the first territories to put in place a regime to prevent the use of bearer shares. From 1 January 2005 the use of bearer shares has largely been eradicated in the BVI but issues still arise particularly in circumstances where the holder of bearer shares has died or is incapacitated in some way.
Campbells acted as Cayman Islands and British Virgin Islands legal counsel to Akeso, Inc. in connection with its approximately HK$2.58 billion (US$333 million) (and up to HK$2.97 billion (US$383 million) upon exercise of the over-allotment option) initial public offering and listing of its 763,133,176 shares (and up to 787,057,176 shares upon exercise of the over-allotment option) on the Main Board of the Hong Kong Stock Exchange. This is the biggest Hong Kong IPO this year.
This article outlines the main ADR processes available to parties to Cayman disputes and highlights some of their potential advantages. It is important for parties to consider ADR at the outset of a dispute, even where a contractual dispute resolution procedure exists, before embarking on a dispute resolution process that may be ill-suited to the dispute or where preferable alternatives may exist.