HK: Walkers R&I partner joins offshore rival Ogier | Asian Legal Business
Offshore law firm Ogier has hired restructuring and insolvency expert Joanne Collett as a partner in Hong Kong from rival Walkers.
Source: legalbusinessonline.com
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Short-form mergers: Changyou.com judgment confirms appraisal rights
The Grand Court has confirmed that shareholders of companies that effect a short-form merger pursuant to Section 233(7) of Part XVI of the Companies Act (2021 Revision) are entitled to be paid the fair value of their shares on dissenting from the merger under Section 238 of the act. The eagerly awaited judgment in <I>Changyou.com</i> clarifies an issue which was previously the subject of extensive debate and provides welcome certainty to minority shareholders of Cayman companies.
Source: internationallawoffice.com