No loss to issuers puts note trustees in the spotlight.
The Hong Kong Court of Final Appeal (CFA) has overturned the Court of Appeal’s order that Peking University Founder Group Company Limited (PUFG), as the keepwell...more
4/30/2025
/ Appeals ,
Breach of Contract ,
Business Entities ,
Capital Markets ,
Contract Terms ,
Corporate Bonds ,
Corporate Governance ,
Corporate Issuers ,
Deeds ,
Financial Institutions ,
Hong Kong ,
Offshore Companies ,
Securities ,
Subsidiaries ,
Trustees
This resolution is important for contractors’ rights to retention monies in construction contracts.
The Hong Kong Court of First Instance (CFI) held in a recent judgment that, whilst the absence of segregation is not...more