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The UEFA Euro 2024 men’s competition is reaching the business end of the tournament, with teams from across the continent battling it out in the knock-out stages to be crowned champion of Europe. In the second instalment of our Euros series (please see our article on the use of IP at Euro 2024), we are focusing on the advanced technology being used at the tournament - such as the deployment of connected ball technology and semi-automated offside technology to expedite the review process and improve the accuracy of VAR (Video Assistant Referee).

In AAA, BBB, CCC v DDD (HCCT 39/2023) [2024] HKCFI 513 (date of decision: 16 February 2024), the Hong Kong Court of First Instance (“the Court”) provides much welcomed guidance on the situation where there is a group of related contracts and two or more of those contracts have different dispute resolution clauses – a situation which the Court recognised as “not infrequently arises in commercial disputes today”. The Court overruled an HKIAC Tribunal’s decision that the arbitration clause in a Loan Agreement did confer jurisdiction on the Tribunal formed under it to determine related disputes arising out of a Promissory Note – a related but separate contract which has its own arbitration agreement. In his judgment, Deputy High Court Judge Reyes SC explained the proper approach to conflicting dispute resolution clause situations, through discussion of three “paradigm situations”, namely (1) the “Fiona Trust principle” (presumption of one-stop adjudication) and the “basic paradigm” under Fiona Trust & Holding Corporation v Privalov [2007] UKHK 40, (2) the “extended Fiona Trust principle” and the “intermediate paradigm” under Terre Neuve SARL & Others v Yewdale Limited & others [2020] EWHC 772 (Comm), and (3) the “centre of gravity” and the “generalised paradigm” under AmTrust Europe Ltd v Trust Risk Group SpA [2015] EWCA 437.

FinCEN clarifies that entities that are dissolved in 2024, or merge into other entities in 2024, do still have beneficial ownership information filing requirements if not exempt.