ONC Newsletter June 2022

ONC Lawyers
Hong Kong

LEGAL UPDATE
Construction
•	An exclusion clause that excludes “loss of profit” claim does not exclude “wasted expenditure” claim
Insolvency & Restructuring
•	Post Lasmos – What is the legal effect of an arbitration agreement governing an underlying debt on a winding-up petition?
Regulatory & Compliance
•	SFC unveils proposed amendments to the SFO for potent enforcement
Corporate & Commercial
•	New legislation for re-domiciliation of foreign funds into Hong Kong
Corporate Finance
•	Recent listing decisions on suitability for listing
Capital Markets
•	Operators of NFT trading platforms are responsible for preventing intellectual property infringements
Employment, Privacy & Discrimination
•	Employment (Amendment) Ordinance 2022 in the wake of COVID-19
•	Do senior executives who are not directors owe fiduciary duties to their employers?
•	The Hong Kong Government has scrapped the MPF offsetting mechanism against long service payment and severance payment
Technology
•	Can legal proceedings be served via NFTs and other digital means?
Arbitration
•	Whether an Arbitral Tribunal has jurisdiction over the ancillary contract if it contains a different dispute resolution clause from the main contract?
Competition
•	Will you be liable for a lesser penalty for the breach of the First Conduct Rule if you play a minor role in the infringing act?
Insurance & Personal Injury
•	Whether registered owners / occupiers blocking the means of escape can be held liable for personal injuries in case of fire or emergency
FIRM NEWS
•	ONC advised on the listing of WEIli Holdings Limited
•	Mr Eric Woo will speak as a panelist in Chandrawat & Partners’ webinar on alternative dispute resolution
•	Mr David Zhang will act as a moderator for Alliance Advisors ESG webinar
•	Ms Angel Wong will participate as a speaker at the BDO INED Virtual Forum
•	Mr Michael Szeto will present a seminar for HKGCC on amendment of the Employment Ordinance in the wake of Covid-19
•	Mr Paul Lam will give a webinar organised by The Society of Chinese Accountants and Auditors on how lawyers and accountants deal with a private M&A
•	Ms Angel Wong and Mr Eric Woo passed the interview for qualified candidates in the Greater Bay Area legal practitioner examination
•	ONC Lawyers contributed the Hong Kong Chapter to Global Legal Insights to: Initial Public Offerings 2022
•	ONC Lawyers held a free webinar on updates of the Listing Rules
•	Mr Ray Lee gave a seminar for AIA insurance agents on compensation for work-related accidents and personal injuries claims
•	Mr Dominic Wai gave an online CPD course organised by Listco Pro on conflict of interest for listed companies
•	Mr Justin Lo gave a webinar for the Hong Kong Registered Contractors Association on construction arbitration
•	Mr Justin Lo gave an in-house webinar for Arcadis on construction arbitration
•	Mr Paul Lam gave a webinar organised by HKRFP on how lawyers and accountants deal with a share transaction
•	Mr Dominic Wai was interviewed by Mingpao on privacy issues regarding the disclosure of guests’ email addresses by the celebrations office
•	ONC Eggettes Day

法律新知
建築
•	「利潤損失」免責條款並不免除「虛耗開支」的責任
金融及證券規管
•	證監會公布對《證券及期貨條例》的建議修訂以加強執法權力
公司及商業
•	海外基金遷冊至香港的新法例
資本市場
•	NFT交易平台營運者有責任防止侵犯知識產權
僱傭、私隱及歧視
•	新冠病毒疫情下的《2022 年僱傭（修訂）條例》
•	非董事的高級行政人員是否對僱主負有受信責任？
•	香港政府廢除強積金對沖機制
科技
•	法律程序文件可透過NFT或其他數碼方式送達嗎？
競爭事務
•	如果我違反了第一行為守則，但只擔任次要角色，罰款是否可減少？
保險及人身傷亡
•	註冊業主／佔用人若阻塞逃生途徑，是否須就如發生火警或緊急情況下的人身傷亡負責
本所動態
•	柯伍陳律師事務所就偉立控股有限公司的上市出任法律顧問
•	胡慶業律師將於 Chandrawat & Partners 舉辧的替代調解爭議方式網上研討會擔任講者
•	張昊律師將為 Alliance Advisors 舉辦的 ESG 網上研討會擔任主持人
•	黃麗文律師將於「BDO 獨立非執董網上論壇」擔任講者
•	司徒肇基律師將為香港總商會的講座講解因應新冠病毒疫情對《僱傭條例》作出的修訂
•	林培森律師將為香港華人會計師公會的網上講座講解律師和會計師如何處理私人公司的股權交易
•	黃麗文律師及胡慶業律師通過大灣區律師執業考試合格人員面试考核
•	柯伍陳律師事務所參與撰寫《Global Legal Insights to: Initial Public Offerings 2022》的香港章節
•	柯伍陳律師事務所舉辦免費網上講座講解《上市規則》的最新修訂
•	李展鵬律師為友邦保險代理講解工傷意外補償及人身傷害索償
•	衞紹宗律師為 Listco Pro 的網上持續專業進修課程講解上市公司利益衝突
•	盧摘天律師為香港註冊承建商商會的網上講座講解建築仲裁
•	盧摘天律師為凱諦思的內部網上講座講解建築仲裁
•	林培森律師為註冊財務策劃師協會的網上講座講解律師和會計師如何處理公司股權交易
•	衞紹宗律師接受《明報》訪問就慶典辦洩露嘉賓電郵地址談論私隱法律問題
•	柯伍陳雞蛋仔滋味日