Tag: Hong Kong SAR

Hong Kong Employment

Enforcing Post-termination Restrictions in Employment Contracts Employers may consider utilising post-termination restrictions (‘PTR’) in employment contracts to safeguard their business. Specifically, PTR is a common legal tool to prevent senior employees from damaging the interests of the company, actions include working for competitors, soliciting clients or suppliers, and poaching employees after departing the company. Employees…

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Filling for cross-border bankruptcy in mainland China (‘China’) or Hong Kong Special Administration Region (‘HKSAR’)?

A new framework between China and HKSAR courts establishes mutual recognition of and assistance in cross-border corporate bankruptcy proceedings   On 14th May 2021, the Secretary for Justice of Hong Kong and the Vice-President of the Supreme People's Court (“SPC”) of China signed a record meeting on the mutual recognition of and assistance to bankruptcy…

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Are you an employer in Hong Kong? Apply for the ESS wage subsidy before the 14 June deadline

On 8 April the Hong Kong Special Administrative Region (HKSAR) government announced the Employment Support Scheme ("ESS") to help employers retain employees and avoid redundancies. ESS is a time-limited governmental wage subsidy qualifying companies in Hong Kong with a monthly cap of 9,000 HKD per employee. ESS payment is made in two tranches, the first…

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