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Acquisition of Business : Sidestepping the Pitfalls
The dispute in the case of Kung Kin Wing and Another v Splendid Profit International Holdings Ltd (2020) HKCFI 894 arose from the acquisition of a business relating to the noodle shop business using the names "SOUR AND SPICY NOODLE" and "傷心酸辣粉" (together the "Trade Name") between acquaintance. Kung Kin Wing ("Kung") and Chan Man Wai ("Chan") are the main parties involved in the dispute. Kung used to work for Chan as a driver prior to starting the noodle business (the "Business") and...
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China Updates
New Personal Data Protection Law in China
Yahoo Inc. left the China market, suspending its services there as of early November 2021 citing an “increasingly challenging” business and legal environment. The incident came soon after the Personal Information Protection Law (“PIPL”), became effective on 1 November 2021. PIPL consolidates data privacy provisions stated in different laws and together with the new Cybersecurity Law (“CSL”) and the Data Security Law, they establish a broader legal framework for cybersecurity and dat...
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