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Hong Kong judges clear Deutsche Bank for legal action against banker in China

By Toh Han Shih ( May 20, 2016, 10:01 GMT | Insight) -- In a Hong Kong court decision of May 19, two judges affirmed an earlier decision by another Hong Kong judge that Deutsche Bank was entitled to serve a writ on a senior Chinese banker, claiming millions of dollars. In arriving at their judgements, the Hong Kong judges navigated the tricky issue of “One Country Two Systems,” the arrangement under which Hong Kong is part of China but maintains a different legal system from the Chinese mainland. In a Hong Kong court decision of May 19, two judges affirmed an earlier decision by another Hong Kong judge that Deutsche Bank was entitled to serve a writ on a senior Chinese banker, claiming millions of dollars. In arriving at their judgements, the Hong Kong judges navigated the tricky issue of “One Country Two Systems,” the arrangement under which Hong Kong is part of China but maintains a different legal system from the Chinese mainland....

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