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RPC advises on the establishment of Art Capital and initial investment round

Published on 18 Sep 2024. By Jeremy Cunningham, Partner

International law firm RPC has advised on the establishment of new real estate debt advisory business Art Capital, backed by an initial investment from three strategic investors (ACRE Capital, RX London and TTB Partners) alongside Art Capital's founding shareholders. The investment, which completed on September 2 2024, marks a significant milestone for Art Capital as it looks to build a best-in-class debt advisory team to serve its real estate clients.

Reimbursement of Maternity Leave Pay Scheme in Hong Kong

Published on 12 Apr 2021. By Andrea Randall, Partner

Hong Kong's statutory maternity leave has been extended from 10 weeks to 14 weeks with effect from 11 December 2020. From 1 April 2021, the Hong Kong Government has started accepting applications to reimburse employers' payment in respect of the extended period of maternity leave.

Arbitration or winding up?

Published on 17 Sep 2019. By Charles Allen, Partner & Head of Hong Kong office

In But Ka Chon v Interactive Brokers LLC [2019] HKCA 873, the Hong Kong Court of Appeal upheld a lower court's decision to reject an application to set aside a statutory demand. The appellant had argued (among other things) that an arbitration clause in his agreement with the respondent required their dispute to be referred to arbitration.

Hong Kong – Claim pleading duty of care against auditor struck out for "putting the cart before the horse"

Published on 28 Oct 2022. By Antony Sassi, Managing Partner, Asia and David Smyth, Senior Consultant and Anson Lo, Associate

In Chan Kam Cheung v Ronnie K W Choi & Anor [2022] HKCFI 3028, a judge upheld a master's (judicial officer's) decision to strike out the plaintiff shareholder's action against the former auditors of the company.

HKEX published additional guidance specific to biotech companies

Published on 10 Jun 2020.