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Business Matters Edition 43: Jamie Zammitt
Clyde & Co
Welcome to the December edition of Clyde & Co's Construction Newsletter, and we would like to take this opportunity to wish you all a merry Christmas and a joyful New Year.
King & Wood Mallesons
The Hong Kong Exchanges and Clearing Limited (HKEx) recently published a guidance letter (HKEx-GL19-10) to further outline HKEx’s requirement for land use right certificates and/or building ownership certificates for Mainland properties.
Pinsent Masons LLP
Following the recent judgment of Hong Kong's Court of Final Appeal in the case of Mariner International Hotels Ltd v Atlas Ltd, the term ‘practical completion’ in Hong Kong building contracts is now arguably a legal term of art which means a state of affairs in which the works have been completed free from patent defects other than ones to be ignored as trifling.
Pinsent Masons LLP
Leading the way in the civil justice reforms in Hong Kong is the Construction and Arbitration List High Court with the recent implementation of a pilot scheme for voluntary mediation for cases in the Construction and Arbitration List (the scheme). The scheme is scheduled to run from 1 September 2006 until 31 August 2008. Specific details of the scheme are set out in Practice Direction 6.3 of the Construction and Arbitration List.
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