mediationonshareholders'&probatedisputes

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1、"MediationonShareholders'&ProbateDisputes"Date&Time:3June2011(Friday),7:00p.m.to8:30p.m.Venue: Room210,WingLungBankBuildingforBusinessStudies,HKBUOrganizedby:CorporateGovernanceandDirectorship(HKBU)Society(香港浸會大學公司管治及董事學學會),CentreforCorporateGovernanceandFinancialP

2、olicyRecentExamplesofDisputesinHongKongBetweensiblingsinrelationtothepositionofchairmanandchiefexecutiveKwokPingSheungWaltervSunHungKaiPropertiesLtd[2008]3HKC465;KwokPingSheungWaltervSunHungKaiPropertiesLtd[2009]2HKLRD11BetweencousinsinrelationtoTradeMarkNgYiuMingvLeu

3、ngYee(unrep,HCA7462/1998,HCMP1730/1999,[1999]HKEC617TheCivilJusticeReform(“CJR”)TheCivilJusticeReform(“CJR”)implementedinHK in2009setoutanumberofunderlyingobjectivesasstatedinOrder1ARule1oftheRulesoftheHighCourt(“RHC”). Oneoftheobjectivesisto facilitatethesettlementof

4、disputes. TheJudiciaryalsopromulgatedaPracticeDirectiononMediation(“PD31”)whichwasmadeeffectivefrom1January2010. ThemainfeatureofPD31includesthefilingofaMediationCertificate,aMediationNoticeandResponse. Thecourtwilltaketheconductofthepartiesintoaccountindecidingoncost

5、sanctionsifanypartyunreasonablyrefusestoconsidermediation.DiscussionsTodayLegalRightsofminorityshareholdersE.g.:ApplicationsunderSection168AoftheCompaniesOrdinanceMediationofShareholderDisputesUsualquestionsfromyourClient?Q1.CouldIcontacttheothersidewhenacivillitigati

6、onisinprogress?Q2.Mychancetowinthecase?Q3.Litigantstoldyouabouthischanceofwinningthecasebymentioningverytechnicallegalgrounds,like,“unfairprejudice”or“justandequitablewindingup”.(Wheredotheylearnthisfrom?)UsualquestionsfromyourClient–cont’dQ4.Courtdirectedustomediatio

7、n,why?Q5.Couldmystaff,relativesandfriendsattendthemediation?Q6.Isitexpensive?Q7.WherecouldIfindamediator?Q8.CouldIusetheinformationIgetfrommediationforfurtherlitigation(fishinginformation)?Q9.Isthesettlementagreementbinding?CommonReasonsforShareholdersDisputesDisputes

8、betweenshareholdersariseforanynumberofreasons,butitisnotuncommonforthefollowingissuestocausetension:breachofdirectors’duties