An article in last week’s Standard regarding the knocking down of a load-bearing wall at a LOHAS Park apartment spurred an interesting reaction to unauthorized building works and their legal ramifications….
In Hong Kong, families often hold properties and businesses through corporate vehicles, with family members also being shareholders and directors of the company. This creates a particular set of problems when those members take an informal approach to the management of company affairs….
Whilst a company and its directors remain separate legal entities, the winding-up of the business does not always result in a risk-free outcome…