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The Court of Appeal has confirmed the Securities & Futures Commission (SFC) can apply for relief from the Court of First Instance (CFI) prior to pursuing proceedings in either the criminal court or the Market Misconduct Tribunal (MMT
Hong Kong Exchanges and Clearing Limited (HKEx) published its listing decision "HKEx-LD8-2011" on 29 April 2011 to determine whether it is necessary for a listed issuer (Listco A) to include convertible preference shares as part of its total issued share capital in calculating the public float of its listed shares
Did you know...that in the recent case of Re MF Global Hong Kong Limited 2011 HKCFI 1998, where money of one client in the segregated bank account of a failed brokerage cannot specifically be distinguished from that of another client, and practical considerations do not favour a forensic tracing of each client's entitlement, the court held that a "pari passu ex post facto" approach to distribution of the trust funds would instead be more appropriate
