By Urszula McCormack, Evan Manolios and Marco Sin King & Wood Mallesons’ Hong Kong office.

The gig economy is upon us. The gig economy (or sharing economy) model affects how large parts of modern society work, interact, and in what capacity. How governments grapple with new and emerging working models is important: for maintaining and enhancing business, for the protection of workers’ rights, and for promoting and realising Hong Kong as an innovation hub it desires to be. Continue Reading The “Gig Economy” : The New Show in Town

作者：关峰 朱嘉寅 唐路 金杜律师事务所争议解决部

​前几周我们探讨了优化管辖、诉讼主体以及担保合同中的争议等问题，本文也是本系列最后一篇文章，将尝试分析承销机构可能面临的承担法律责任的风险。

承销机构不是兑付义务人

依据《公司债券发行与交易管理办法》第29条的规定，私募债券的销售分为两种，一种是由承销机构销售，另一种是由发行人自行销售。发行人通常会选择与承销机构签订《承销协议》，约定由承销机构代销或包销债券。承销机构的介入不仅影响了《认购协议》的签署主体，且在出现兑付危机时影响了对追索对象的选择。换言之，发行人到期无力兑付本息的，承销机构会否因提供代销或包销服务而代替发行人成为实质上的兑付义务人。 Continue Reading 公司债券司法实践常见问题四：承销机构的法律责任

By Paul Starr, Justin Lo and Nicholas Lee King & Wood Mallesons’ Hong Kong office.

This seminar took place in January 2017. Panellists were: Ms Pru Bennett (Director and Head of the Corporate Governance and Responsible Investment Team at BlackRock); Mr Carl Wilkins (Fiscal Crime Liaison Officer for HM Revenue and Customs in Hong Kong); Mr Simon Booker (Head of Capital Projects and Infrastructure at PwC Hong Kong); our own Paul Starr; and Ms Gillian Meller (Legal and European Business Director at MTR Corp) as moderator. They shared their insights and expertise on ‘Applying Governance to Open up One Belt, One Road Opportunities’. Continue Reading Belt and Road risks and mitigation strategies Summary of a Seminar participated in by Paul Starr for the Hong Kong Institute of Chartered Secretaries

作者：Paul Starr、Justin Lo和Nicholas Lee 金杜律师事务所香港办公室

2017年1月，香港特许秘书公会研讨会成功举办。与会人员包括贝莱德公司，公司治理与责任投资主管Pru Bennett女士, 英国皇家税务与海关总署，香港财政犯罪联络官Carl Wilkins先生，罗兵咸永道会计师事务所资本项目与基础设施负责人Simon Booker先生，金杜合伙人Paul Starr以及研讨会主持港铁公司法律与欧洲业务主管Gillian Meller女士。他们就运用公司治理开拓“一带一路”机遇分享了各自的观点和意见。

与会人员均强调，“一带一路”项目的规模和国际性意味着获得成功需承担的风险高于一般项目，主要包括政治、安全、腐败和主权方面的风险。他们还强调，可能影响“ 一带一路”项目的金融风险更大。例如，“ 一带一路”沿线新兴国家的项目融资能力各不相同，因此了解可能面临哪些风险对于投资者至关重要。 Continue Reading “一带一路”风险与规避策略—— Paul Starr参加香港特许秘书公会研讨会纪要

By Odette Adams, Christina Crossman and Lauren Murphy  King & Wood Mallesons

​The Finkel Review into the Future Security of the National Electricity Market was released on 9 June. The Report makes some 50 policy recommendations to address the so-called “energy trilemma” – providing affordable, reliable and low emissions electricity for the country.

We have reviewed the recommendations by sector to bring you the probable, real-world implications of this “Blueprint for the Future”. The detail is in the Report, however, and we suggest reading the relatively short sections before each recommendation to understand them fully.  Continue Reading The Finkel Review – What does it mean for industry?

作者：徐晓丹 李洪川 金杜律师事务所商务合规部

​北京市《关于审理劳动争议案件法律适用问题的解答》第13条。

张仲裁员的麻烦案件

在张仲裁员的印象里，已经很久没有劳动争议可以让他犯难了。“不要被当事人的思路带偏，要自己判断纠纷的实质”，张仲裁员常常跟单位新来的年轻人这么说。但是在今天这个纠纷里，他似乎也很难裁决得干净利落。  Continue Reading 给“严重违纪解聘”制度打个补丁

​作者：莫里斯 & 麓伯  

定增和并购重组项目穿透核查内容介绍

定增和并购重组项目穿透核查与穿透计算主要是核查投资人通过资管计划、有限合伙等产品参与认购申报公司非公开发行股票的情况。其中，涉及到的申报公司，指的是以定增性质再融资的上市公司，包含发行部审核的定增(以下简称“再融资定增”)项目和上市部审核的发行股份购买资产及募集配套资金（以下简称“资产重组募集配套资金”）项目。 Continue Reading 穿透核查问题系列之定增和并购重组项目研究

​作者：金杜律师事务所

为进一步加强欧洲跨境业务团队实力，打造欧洲服务平台，金杜律师事务所（“金杜”）法兰克福办公室将于2017年10月1日迎来两位公司及融资业务领域的新合伙人加盟。两位合伙人为赵辉和Daniel Ehret。赵辉和Daniel Ehret的加盟体现了金杜全球和德国的发展战略，他们的加入将为金杜欧洲在公司与融资业务以及中德投资方面注入新的力量并成为法兰克福现有合伙人团队的重要补充。今年年初，金杜重组德国办公室，法兰克福的四位合伙人， Christian Cornett、Rudolf Haas、Rüdiger Knopf和Sandra Link参与了重组。近几个月，德国团队积极扩充，迎来了公司业务领域顾问Tilmann Becker等新成员，而此次赵辉和Daniel Ehret更是首批新加入的合伙人。  Continue Reading 金杜法兰克福迎来两位重要合伙人加盟，彰显对欧洲市场的发展决心

​By King &Wood Mallesons

King & Wood Mallesons (KWM) is expanding its European platform to further enhance its cross-border capability with the addition of corporate and finance partners, Hui Zhao and Daniel Ehret who will both join the Frankfurt office on 1 October 2017.Consistent with KWM’s global and German strategic priorities, Hui Zhao and Daniel Ehret bring significant additional corporate finance expertise including for clients involved in Sino-German investments. They will complement the currently four partner-strong Frankfurt team of Christian Cornett, Rudolf Haas, Rüdiger Knopf and Sandra Link, who together re-formed the KWM firm in Germany earlier this year with the establishment of KWM Europe Rechtsanwaltsgesellschaft mbH. While the German team has already grown over the last months, e.g. by the joining of corporate counsel Tilmann Becker, Hui Zhao and Daniel Ehret are the first of a group of partners to join.  Continue Reading King and Wood Mallesons signals commitment to Europe with two significant lateral partner hires in Frankfurt

By Mia Qu King & Wood Mallesons’ Dispute Resolution group

The case

  • Plaintiff: China UnionPay
  • Defendants: Jinan Daonuo Information and Technology Co., Ltd. & Shandong Yuntai Mingde Information and Technology Co., Ltd.
  • Court of Trial (Level): Shanghai Intellectual Property Court (First Instance)
  • Nature of Case (Cause of Action): Infringement of the Exclusive Right of Registered Trademark and Unfair Competition

Continue Reading Case report: How such a concealed infringement of UnionPay’s intellectual property was brought to justice in China?