Hong Kong

KEY CONTACT

Voon Keat Lai  

Voon Keat Lai
Managing partner T: +852 2533 2790 Email Voon | Vcard

General enquiries

T: +852 2868 0789
Email

Awards

Winner - The i-law Maritime Law Award

Winner - The i-law Maritime Law Award

Award Image 2

Award Image 3

Hong Kong

Established in 1979, our Hong Kong office is part of our Greater China practice. Based in three offices in Beijing, Hong Kong and Shanghai, our Greater China lawyers have been providing, multi-lingual quality English and Hong Kong law advice to clients within and outside Greater China since 1979. Our lawyers also advise on selected aspects of laws of other jurisdictions.
  • Profile
  • Experience
  • Key contacts
  • How to find us

In an industry where technical knowhow is a given, we differentiate ourselves by our honesty, creative thinking and attention to client care. Our lawyers are bright, fun, commercially minded and have strong inter-personal skills. We achieve this by focusing on talent recruitment and enrichment across all aspects of our human resource management. We aim to ensure that our clients have access to top-notch, consistent and unequivocal legal advice in plain language wherever we operate.

We are relationship driven, both with our clients and internally. With our clients, we seek to build deep, meaningful relationships and an understanding of their businesses and cultures. Internally, we invest in building camaraderie, teamwork and commitment to common goals.

The Hong Kong office is Stephenson Harwood’s largest office in Asia. The office offers a comprehensive spectrum of Stephenson Harwood’s global services including dispute resolution, commercial, outsourcing and technology, competition, corporate, employment, finance, intellectual property, marine and international trade, projects and infrastructure, private wealth, real estate, regulation and restructuring and insolvency.

Along with our other Greater China offices in Beijing, Shanghai and our association in Guangzhou*, we provide a comprehensive range of legal services to clients operating within the Greater China region.

We have a diverse group of clients from individuals to small and medium enterprises, multi-nationals and state-owned enterprises across many industry sectors.

* Stephenson Harwood - Wei Tu (China) Association is established under CEPA (Closer Economic Partnership Arrangement). The association allows us to offer a ‘one stop service’ for Hong Kong, English and PRC law advice. With a fully integrated and experienced team, Stephenson Harwood - Wei Tu (China) Association provides full range of PRC law legal services to its clients from home and abroad.

"They are very detail-minded and very reliable. They are also very responsive and able to meet our needs."
Chambers Asia Pacific 2017

Corporate - M&A

SEA Holdings Limited

Advised the SEA Holdings Limited on three sale and purchase agreements to purchase the entire issued share capital of companies holding properties in Shouson Hill, Hong Kong for an aggregate consideration of HK$1,528,000,000. In each agreement the purchaser was a wholly-owned subsidiary of SEA Holdings Limited, and SEA Holdings Limited acted as purchaser’s guarantor.

Steed Oriental (Holdings) Company Limited

Advised Steed Oriental (Holdings) Company Limited, a listed company on the GEM board of the Hong Kong stock exchange which manufactures customised plywood products, on the disposal of a 57 percent equity interest, valued at HK$190 million.

Prosperity Minerals Holdings

Advised Prosperity Minerals Holdings on the aggregate investment of more than US$150 million in exploration and mining operations (predominantly iron ore and coal mines) in the Philippines, Indonesia, Canada, Brazil and Malaysia. 

Corporate - IPO

Zioncom Holdings Limited

Advised as the legal adviser to Zioncom Holdings Limited. The Company is a manufacturer of networking products specialising in the design and development of wireless networking products which are primarily targeted for home use and small scale commercial applications. The Company‘s products are sold to over 40 countries and regions as at 30 June 2017.

Nexion Technologies Limited

Advised as the legal adviser to Nexion Technologies Limited. The company is an established information and communication technology solution provider headquartered in Singapore focusing on the provision of cyber infrastructure and cyber security solutions.

A special purpose acquisition company

Advised a special purpose acquisition company on its listing and admission on the Main Market of the London Stock Exchange’s Standard segment. The company was listed with a market capitalisation of approximately £4 million.

An apparel designing and sourcing service provider for branded fashion retailers

Advised as the legal adviser to the sole sponsor for the listing of securities of SG Group Holdings Limited on GEM of the HKSE. The company is an apparel designing and sourcing service provider for branded fashion retailers.

Dispute resolution

Administrators of the Estate of Nina Wang

Advised the administrators of the Estate of Nina Wang, Asia’s richest woman in the dispute over entitlement to her estate (reported to be worth in excess of US$10 billion).

A large China fund

Advised a large China fund in a dispute over HK$75 million with Merrill Lynch arising out of the collapse and administration of Opes Prime in Australia.

Marine insurance claim

Advised in a marine insurance claim on behalf of People’s Insurance Company of China (Hong Kong) Ltd against Kam Hing Trading Ltd. and successfully defended the client from an insurance claim of US$1,300,000. Kam Hing claimed against PICC under a marine insurance policy for its loss, it sued both PICC and its insurance broker, but following an eight-day hearing in the Hong Kong Court, the claim was dismissed on the grounds that Kam Hing had failed to comply with ICC/01 or to give notice to PICC that it was in breach of the clause and therefore represented a potentially greater risk. This was a landmark decision on ICC/01.

Employment

A leading scientist

Advised a leading scientist in High Court proceedings to recover contractual benefits owed to her under her employment contract. We obtained a ground breaking judgment concerning the court’s jurisdiction to handle mixed claims which included claims which fell within the exclusive jurisdiction of the Labour Tribunal. We successfully recovered payment of the contractual benefits and sums withheld from the employee which had been deducted from her salary pursuant to a tax equalisation clause.

A jet charter company

Advised a jet charter company in court proceedings which included obtaining an interlocutory injunction against one of its brokers who had sought to solicit customers in breach of post termination restrictive covenants.

Termination of employment

Advised on the termination of employment of the senior management members of an international music company. Various complicated issues relating to employment benefits and rights of termination were involved.

Finance

A new PRC finance leasing company

Advised a new PRC finance leasing company in a sale and finance lease transaction which involved one (1) A350-900 aircraft to be leased to a Hong Kong airline. The transaction involved both pre-delivery and delivery financing. In respect of the pre-delivery financing, the finance leasing company seek external financing by way of bank lending and issuance of asset-backed securities. This matter was challenging because the purchase agreement was settled in US dollars while the loan agreement provided for a Renminbi loan. There was also immense time pressure to meet the deadline of instalment payment under the aircraft purchase agreement.

A major PRC finance leasing company

Advised a major PRC finance leasing company operating in a wide variety of businesses in over 20 countries and regions, ranging from aviation, shipbuilding, automotive, construction machinery, urban infrastructure, large equipment manufacturing, highways and rail transportation. Our client has a considerable market presence in the financing of oceangoing vessels and is now looking to expand into the business of owning and operating such vessels. To that end, our client has embarked on a project for the acquisition of 5 newbuild 208,000 dwt Newcastlemax bulk carriers, all of which will be chartered out under long term time charters to Cargill, a major US-based agricultural and industrial commodities trader.

ICC-HK

Advised ICC-HK in forming a Trade-based AML Sub-committee consolidating the opinions of the practitioners and communicating the same to HKMA in order to standardize the industry practice and develop a risk-based model for the banking and trading communities in the region.

Intellectual property

Xiaomi

Advised Xiaomi, one of the world’s fastest-growing smartphone companies and a leading technology company based in China, in a significant trademark dispute with Apple Inc. in the Hong Kong Trade Marks Registry.

A leading American toys brand owner

Advised a leading American toys brand owner on its enforcement strategy and actions against its PRC manufacturers in Hong Kong, and via our local capabilities in the PRC, we have been seamlessly advising and assisting in the evidence gathering and PRC enforcement proceedings.

A European pharmaceutical and life sciences company

Advised a European pharmaceutical and life sciences company on and drafting a cross-border clinical supply agreement with a PRC based bio-pharmaceutical company.

Beauty pageant organisations

Advised beauty pageant organisations on the protection and enforcement of their intellectual property rights in Asia.

Marine and international trade

Syndicates of lenders

Advised syndicates of lenders with regards to the Korean rehabilitation proceedings in connection with Hanjin Shipping Co. Ltd.

A major commodity trader

Advised a major commodity trader in the successful defence of US$270 million claim relating to commodity “repo” (Sale and Repurchase) deals affected by a major metals warehousing fraud in China.

A major bank

Advised a major bank enforcing mortgages in relation to a fleet of seven vessels. Added complications were that there were allegedly pre-existing mortgages entered by a mainland Chinese bank which did not appear on the ship registry.

One of China’s largest coal importing companies

Advised one of China’s largest coal importing companies, on its US$350 million bond restructuring using parallel Hong Kong and BVI schemes of arrangement and recognition under Chapter 15 of the US Bankruptcy Code.

Major insurers

Advised major insurers in relation to claims brought in the Hong Kong court in respect of losses allegedly arising from the sinking of a vessel in Hong Kong waters. This matter also involves claims under connecting carrier agreements and interpretation of the vessel’s safe carrying capacity.

Private wealth

Individuals, families and family offices

Advised individuals, families and family offices on the setting up of trust structures, preparing wills for individuals, as well as charity advisory services including Canadian and SS1 US tax and estate planning advice, thus putting everything in place to ensure that the wealth of our clients is one day passed on smoothly to their successors.

Family residences, holiday homes and investment properties

Advised conveyancing, property management and landlord-tenant relationships that involve family residences, holiday homes and investment properties.

Disputes

In the unfortunate event that they arise, we can advise our clients in disputes that involve estates, trusts, family business arrangements, property, shareholdings, business partnerships, joint ventures and conflicts between investors.

Voon Keat Lai

Voon Keat Lai Managing partner

T: +852 2533 2790
Email Voon | Vcard Office: Beijing, Hong Kong, Shanghai

Address

Stephenson Harwood
18th floor, United Centre
95 Queensway
Hong Kong

T: +852 2868 0789 │F: +852 2868 1504

How to find us

  • MTR
Admiralty Station (Island Line / Tsuen Wan Line): Exit D to United Centre
Go to the elevator lobby of United Centre on 2/F and take the elevator to 18/F to our office.

Latest news & insights

28 Feb 2020

From Insights

Managing the impact of the novel coronavirus outbreak – a brief guide for licensed corporations

The Securities and Futures Commission have in previous years issued various guidance on the measures that licensed corporations should implement to manage the effects ..

More

27 Feb 2020

From Insights

Stock Exchange consults on corporate weighted voting rights holders

When the Listing Rules were amended in April 2018 to allow issuers with weighted voting rights to list on the Hong Kong Stock Exchange, only individuals, who are direc..

More

20 Feb 2020

From Insights

在香港借贷—放债人应避免的陷阱与对借款人的保障

截至2019年12月31日,香港已有超过2,300个持牌放债人。持牌放债人位于银行系统之外,为个人和公司提供了一个替代性融资渠道。

More

20 Feb 2020

From Insights

Stock Exchange releases conclusions to ESG consultation

The Hong Kong Stock Exchange released its conclusions to its market consultation on proposed changes to the environmental, social and governance reporting guide (the E..

More

18 Feb 2020

From Insights

从新型冠状病毒爆发而引致的旅游限制看上市发行人的财务披露

证券及期货事务监察委员会(简称“证监会”)和香港联合交易所有限公司(简称“联交所”)发布联合声明,对因新型传染性病原体呼吸系统病(简称“新型冠状病毒肺炎”)爆发而实施的旅游限制而可能难以完全遵从

More

17 Feb 2020

From Insights

Money lending in Hong Kong - pitfalls for lenders and protections for borrowers

As at 31 December 2019, there were more than 2,300 licensed money lenders in Hong Kong. Licensed money lenders, which are outside the banking system, provide an altern..

More

10 Feb 2020

From Insights

Listed issuers’ financial disclosures in light of travel restrictions arising from coronavirus outbreak

The SFC and the Stock Exchange have issued a joint statement giving guidance to listed issuers who, because of travel restrictions in force resulting from the coronavi..

More

04 Feb 2020

From Insights

香港证监会申明私募股本公司及家族办公室的发牌要求

2020年1月7日,香港证券及期货事务监察委员会(“证监会”)发出两份通函,申明香港私募股本公司及家族办公室的发牌规定。

More

31 Jan 2020

From Insights

Novel Coronavirus, shipping and international trade

While little is known about the novel coronavirus, what is clear is that the global shipping industry will inevitably be affected as the virus spreads globally at alar..

More

24 Jan 2020

From Insights

香港地区破产与仲裁程序间的相互较量

Sit Kwong Lam v Petrolimex Singapore Pte. Ltd [2019] HKCA 1220案 (裁决日期:2019年11月1日) But Ka Chon v Interactive Brokers LLC [2019] 5 HKC 238案 (裁决日期:2019年8月2日)

More

24 Jan 2020

From Insights

香港法院首次颁令承认中国大陆破产管理人

上海华信国际集团有限公司(在中国大陆清算)[2020] HKCFI 167 (裁决日期:2020年1月13日)

More

17 Jan 2020

From Insights

SFC’s clarification on licensing requirements for private equity firms and family offices

On January 7 2020, the Securities and Futures Commission (“SFC”) issued two circulars to clarify the licensing requirements for private equity (“PE”) firms and family ..

More

16 Jan 2020

From Insights

First recognition order granted by the Hong Kong Court to PRC insolvency practitioners

CEFC Shanghai International Group Limited (in Liquidation in the Mainland of the People’s Republic of China) [2020] HKCFI 167 (date of judgment 13 January 2020)

More

13 Jan 2020

From News

Stephenson Harwood advises China Hongguang Holdings Limited on HK$57.75 million stock exchange debut

Law firm Stephenson Harwood LLP has advised China Hongguang Holdings Limited on its HK$57.75 million listing on GEM of The Stock Exchange of Hong Kong.

More

09 Jan 2020

From Insights

The interplay between insolvency and arbitration proceedings in Hong Kong

Sit Kwong Lam v Petrolimex Singapore Pte. Ltd [2019] HKCA 1220 (date of judgment 1 November 2019) But Ka Chon v Interactive Brokers LLC [2019] 5 HKC 238 (date of judgm..

More

20 Dec 2019

From Insights

Competition law update - December 2019

Welcome to the December 2019 issue of our competition law newsletter. Here is a round-up of some of the most interesting EU and UK competition news items in the last q..

More

print-footer
logo
© Stephenson Harwood LLP 2016. Any reference to Stephenson Harwood in this document means Stephenson Harwood LLP and/or its affiliated undertakings. Any reference to a partner is used to refer to a member of Stephenson Harwood LLP.