What remedy is available to an innocent contractor when a State contract is declared invalid?
State contracts are frequently set aside by courts because proper procurement procedures were not followed. What happens to the contractor who has already done the work in good faith? Can it recover payment, including a profit margin? These questions came before the Constitutional Court in a judgment delivered on 27 May 2026.
JunHe Assists Yuexiu Group in Acquiring Hong Kong Life Insurance and Entering the Hong Kong Insurance Market
In October 2025, Yuexiu Group, through Yuexiu Insurance (Holdings) Limited, acquired 83.33% of the shares of Hong Kong Life Insurance Limited (Hong Kong Life) from Asia Insurance Company Limited, OCBC Wing Hang Bank Limited, Shanghai Commercial Bank Limited, and CMB Wing Lung Insurance Company Limited. Upon completion of this transaction, and combined with the 16.67% …
JunHe Assists the Industrial Bank’s Shanghai Free Trade Zone (FTZ) Branch in Issuing the Market’s First Magnolia Bonds
On January 23, 2026, the Shanghai FTZ branch of the Industrial Bank (hereinafter referred to as the Issuer) successfully issued RMB 3 billion Magnolia bonds, due in 2029. The issuance had a coupon rate of 1.95% and was under the USD 5 billion Medium Term Note Program of Industrial Bank Co., Ltd. (this Project). They …
JunHe Assists KN Group to Launch the World’s First On-Chain Tokenized Consumer Loan Assets
JunHe recently assisted Hong Kong fintech company KN Group to launch the industry’s first on-chain tokenized fund, with consumer loans as its underlying assets. The launch aims to advance the development of its Real-World Asset (RWA) tokenization.
JunHe Assists CPE Yuanfeng in Acquiring a Controlling Stake in Burger King China
On November 10, 2025, CPE Yuanfeng announced a strategic partnership with the Burger King brand, which is wholly owned by Restaurant Brands International (RBI). CPE Yuanfeng and RBI announced the establishment of the joint venture, ‘Burger King China’. Upon completion of the transaction, CPE Yuanfeng will hold approximately 83% of the controlling shares in Burger …
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JunHe Represented SIIC (HK) and Azzurra Capital in the Launching and Initial Closing of Asia Environmental Technology Fund
JunHe recently represented SIIC Capital (Hong Kong) Investment Management Company Limited (SIIC (HK)), the Hong Kong fund management and investment platform of Shanghai Industrial Investment (Holdings) Co., Ltd. (SIIC Group), and Azzurra Capital, a renowned European private equity firm, in the successful establishment and initial closing of Asia Environmental Technology Fund (AETF). JunHe also assisted …
KPMG Law Portugal enters the market with a differentiated offering in legal services
KPMG Law launches with a strong presence in Lisbon and Porto, focusing on technical excellence, multidisciplinarity, global reach and technology.
Sagus Legal Elevates Three Lawyers as Firm Strengthens Leadership Across Corporate and Disputes Practices
National, 08 July 2026: Reinforcing its commitment to nurturing talent from within while strengthening capabilities across its core practice areas, Sagus Legal has announced the promotion of Amrita Bakhshi to Counsel, Rishabh Dua to Principal Associate, and Mudassir to Senior Associate.
GSK Stockmann welcomes renowned M&A expert Dr Nina Leonard to its Corporate practice
Starting on 3 July 2026, Nina Leonard will be joining GSK Stockmann, bringing valuable expertise in the data centre, battery storage and life sciences/pharmaceuticals sectors.
Vixtra Advised by KLA in US$8.5 Million Series A Funding Round
Round strengthens Vixtra’s position as a trade finance platform and the “bank for importers” in Brazil.