HYSAN DEVELOPMENT COMPANY LIMITED 希慎興業有限公司
Hysan Development v Town Planning Board
HK Court of Final Appeal, 26-Sep-2016
In a major development in HK jurisprudence, the CFA adds a 4th leg to the proportionality test when restricting a constitutional right. If the restriction pursues a legitimate aim, is rationally connected to that aim and is no more than is necessary to achieve that aim, then the 4th leg is whether a reasonable balance has been struck between the societal benefits of the restriction and the infringement of the constitutional right, asking in particular whether it results in an unacceptably harsh burden on the individual. Kudos to Hysan for bringing this case.
HK Court of Final Appeal, 26-Sep-2016
In a major development in HK jurisprudence, the CFA adds a 4th leg to the proportionality test when restricting a constitutional right. If the restriction pursues a legitimate aim, is rationally connected to that aim and is no more than is necessary to achieve that aim, then the 4th leg is whether a reasonable balance has been struck between the societal benefits of the restriction and the infringement of the constitutional right, asking in particular whether it results in an unacceptably harsh burden on the individual. Kudos to Hysan for bringing this case.
LCQ: the Lee Garden Land
HK Government, 13-Apr-2011
This item also provides a potted history of the Cheung Chau land situation.
HK Government, 13-Apr-2011
This item also provides a potted history of the Cheung Chau land situation.
Vampire - Nothing Left to Prove
Last week saw AGMs of CITIC Pacific, Hysan, Li & Fung, China Unicom, Cathay, Swire, HK Electric and CKI. In every case, a majority of investor votes were against the 20% cash issue mandate, but controllers pushed it through. With 10 HSI companies now having voted, Project Vampire has nothing left to prove - investors have voted on average by more than 2 to 1 against the issue mandate. It's time for the regulators to act. (16-May-2004)
Last week saw AGMs of CITIC Pacific, Hysan, Li & Fung, China Unicom, Cathay, Swire, HK Electric and CKI. In every case, a majority of investor votes were against the 20% cash issue mandate, but controllers pushed it through. With 10 HSI companies now having voted, Project Vampire has nothing left to prove - investors have voted on average by more than 2 to 1 against the issue mandate. It's time for the regulators to act. (16-May-2004)
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