Articles by author
Indirect transfers of value “at the expense of” a claimant: comparative perspective
An essential ingredient of an unjust enrichment claim is that the enrichment be “at the expense of” the claimant. In a typical case where the claimant transferred value to the defendant directly, the requirement is obviously met. Where however more than one transaction and/or entity is involved, the analysis will have to be more carefully considered. Terna Energy Trading DOO v Revolut Ltd [2024] Bus LR 1401 (Comm) provides much-needed clarification here, offering analyses in terms of an agency relationship and a series of co-ordinated transactions. Singapore and Hong Kong both adopt a very similar – if even slightly broader – approach.
13 JAN 2025English law-governed Keepwell Deeds enforced by Hong Kong courts against PRC insolvent companies
In this article Thomas Wong considers two recent judgments of the Hong Kong Court of First Instance on the enforcement of Keepwell Deeds.
1 OCT 2023
