OLN has again, for the third year, been recognised by Asialaw Profiles 2017 as a highly recommended law firm for a number of areas of expertise. The areas included Corporate/M&A, Dispute Resolution, and Intellectual Property.
The establishment of an independent insurance authority (IIA) in Hong Kong has been six years in the making, starting with a public consultation in July 2010. This culminated in the enactment of the Insurance Companies (Amendment) Ordinance 2015.
When a company is subject to winding up proceedings, the company’s properties including its bank account would be frozen and could not be dispensed with. To gain access to the company’s bank account in the meantime would require a validation order from the Court.