Troy Song

Aug 26, 2024 | lexology.com | Jojo Fan |Troy Song

In a recent decision Mantra DAO Inc. and Another v John Patrick Mullin and Others [2024] HKCFI 2099, the Hong Kong Court issued a disclosure order requiring the managers of a decentralised autonomous organisation ("DAO") to provide accounts related to its operation. Background The dispute concerns the ownership, management and control of a DAO-based finance platform project (the "Project") in the cryptocurrency industry.

Aug 2, 2023 | mondaq.com | Gareth Thomas |Rachael Shek |Jojo Fan |Troy Song

In our recent blog post, we discussed the English High Court's decision to block the shareholder derivative action commenced by an activist shareholder, ClientEarth, against Shell's directors. The English High Court found that ClientEarth did not have a prima facie case against Shell's directors. While this previous decision was made on the papers, ClientEarth invoked its rights under the English civil procedures to request the Court reconsider its decision at an oral hearing.

Aug 1, 2023 | lexology.com | Gareth Thomas |Rachael Shek |Jojo Fan |Troy Song

In our recent blog post, we discussed the English High Court’s decision to block the shareholder derivative action commenced by an activist shareholder, ClientEarth, against Shell’s directors. The English High Court found that ClientEarth did not have a prima facie case against Shell’s directors. While this previous decision was made on the papers, ClientEarth invoked its rights under the English civil procedures to request the Court reconsider its decision at an oral hearing.

Jun 6, 2023 | mondaq.com | Gareth Thomas |Rachael Shek |Jojo Fan |Troy Song

Recently, we see a significant uptick in ESG litigations in different parts of the world. Together with this trend came activists' attempts to make use of judicial channel to hold companies accountable to their ESG-related management decisions.