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Simmons & Simmons Adds Partner To Hong Kong Team


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Simmons & Simmons Adds Partner To Hong Kong Team
Law360 (January 15, 2021, 8:19 PM EST) Simmons & Simmons has announced the new hire of a litigator and specialist in China-related commercial and international trade as a partner for its Hong Kong team, saying he joins the international law firm along with a team of associates.
Gary Yin, who previously led the disputes and investigations practice at the Hong Kong office of People s Republic of China law firm Jingtian & Gongcheng, has two decades of experience advising clients and is expected to strengthen the firm s commercial dispute resolution practice in Greater China, according to a Jan. 11 statement from Simmons & Simmons. ....

Hong Kong , Jingtian Gongcheng , Greater China , ஹாங் காங் , அதிகமானது சீனா ,

Top UK Court Rules Insurers Must Cover Lockdown Losses


Top UK Court Rules Insurers Must Cover Lockdown Losses
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United Kingdom , City Of , Adam Kramer , Michelle Menashy , Peter Ratcliffe , Justice Nicholas Hamblen , Sarah Bousfield , Martin Croucher , Max Evans , Martyn Naylor , Peter Dazeley Getty , Michael Bolding , Anthony Jones , Huw Evans , Ed Harris , Jeremy Brier , Douglas Grant , Henry Moore , Nathalie Koh , Richard Leedham , Clare Dixon , Simon Paul , Caroline Mccolgan , United Kingdom Ltd , Herbert Smith Freehills , Arch Insurance United Kingdom Ltd ,

Herbert Smith Freehills celebrates as UK Supreme Court backs businesses in Covid-19 insurance ruling


Herbert Smith Freehills celebrates as UK Supreme Court backs businesses in Covid-19 insurance ruling
15 January 2021
FCA wins fast-tracked appeal unlocking payments to 1,000s of businesses
Willy Barton; Shutterstock
The UK Supreme Court has ruled in favour of thousands of small businesses in the Financial Conduct Authority’s business insurance test case litigation, delivering a notable victory for the regulator s advisers, Herbert Smith Freehills (HSF).
The ruling will affect insureds and insurers alike impacted by pandemic-related business interruption losses. It follows a remote, expedited trial in July 2020 before a Divisional Court consisting of Lord Justice Flaux and Mr Justice Butcher. 
The fast-track ‘leapfrog’ appeal hearing, from the first instance decision, heard remotely in November, was before a strong constitution of the Supreme Court, comprising its president, Lord Reed, Lord Hodge, the deputy president, and Lord Briggs, Lord Hamblen ....

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Supreme Court backs small business on Covid loss insurance

Judgment substantially allows the Financial Conduct Authority’s appeal and dismisses insurers’ appeals. ....

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Combatting the rise of opportunistic fraud amid pandemic EJINSIGHT


Eric Chan
January 12, 2021 10:35
The COVID-19 pandemic has forced organisations globally to adjust to a “new normal” requiring employees to work from home which has inevitably led to an increase in opportunities for fraudsters. It is crucial for organisations to formulate a structured approach in identifying and reducing fraud risks, as well as remediation upon the detection of fraudulent activities.
The most common type of fraud is technology-based fraud. In Hong Kong, the number of technology-based crimes more than doubled in the first half of 2020 to around 6,400, with monetary losses totalling around HK$1.52 billion .
A general increase in fraud has been observed across sectors and industries this year. A recent poll conducted by Simmons & Simmons reveals that a majority of participants observed either higher or around the same level of fraud cases and /or attempts to commit fraud in 2020, as compared to 2019. ....

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