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Topic: Elsie Leung


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  Elsie Leung - Wikipedia, the free encyclopedia
Elsie Leung was qualified as a solicitor and started her practice in 1968.
Leung was educated in Hong Kong, at Sacred Heart Canossian College (formerly known as Italian Convent School and Sacred Heart School) and the University of Hong Kong.
Leung was awarded the Grand Bauhinia Medal in July 2002 for her distinguished public service, and for her significant contributions in ensuring the successful implementation of the new constitutional order under the "One Country, Two Systems" concept.
en.wikipedia.org /wiki/Elsie_Leung   (1296 words)

  
 Henry C. Yuen and Elsie M. Leung: Lit. Rel. No. 18199 / June 20, 2003
Leung, a California-licensed CPA, was Gemstar's chief financial officer and a member of its board of directors during the relevant period.
In these transactions, Yuen and Leung allegedly created revenue by structuring the transactions so that all or a portion of the amount to be paid to Gemstar was nominally and falsely designated as the purchase of IPG advertising in order to inflate IPG advertising revenue.
The Commission's complaint further alleges that Yuen and Leung reaped millions of dollars in financial gains from their fraudulent scheme in that their compensation was tied to the financial performance of the company.
www.sec.gov /litigation/litreleases/lr18199.htm   (817 words)

  
 CNN - Hong Kong justice chief beats no-confidence vote - March 11, 1999
Secretary for Justice Elsie Leung has come under sharp fire in a variety of recent controversies, including her decision to refrain from prosecuting a prominent publisher in a circulation fraud case in which the publisher was named as a co-conspirator.
Leung later said there was insufficient evidence against Aw, but enraged many lawyers by adding that a prosecution of Aw was not in the public interest because it could have put her publishing company out of business and cost the territory jobs.
Leung was also criticized for her handling of a recent controversial court ruling on immigration matters that enraged Beijing.
edition.cnn.com /WORLD/asiapcf/9903/11/china.hong.kong.02   (865 words)

  
 Corporate Counsel Beware: The SEC May Freeze “Extraordinary Payments”: Nixon Peabody LLP
Yuen and Leung claimed that the severance package contained the same categories of payments that their employment contracts, executed years earlier, required in the event of a “termination without cause,” but that the revised payments were “substantially reduced from the amounts [they] would have received had their former employment contracts remained in force” (id.
Yuen and Leung claim that they reluctantly agreed to the escrow, provided that the SEC agreed “to release a portion of the [escrowed funds] once it had determined what portion of the [severance package] allegedly were properly subject to escrow as ’extraordinary payments’” (id.
Yuen and Leung claimed that, under their proposed definition, the payments at issue were not “extraordinary;” rather, the payments represented payment of unpaid salary, bonuses, and vacation due under their employment agreements, executed in 1998, and termination payments, which also were based upon employment agreements (id.
www.nixonpeabody.com /publications_detail3.asp?Type=P&PAID=6&ID=370   (1089 words)

  
 Asiaweek.com
Yet Elsie Leung Oi-sie occupies probably the hottest seat in the Hong Kong government after that of her boss, Chief Executive Tung Chee-hwa.
One of Leung's first tasks was to deal with challenges to the legality of the Provisional Legislative Council, which replaced the legislature elected in 1995 under British rules.
Leung fended off criticism against the scrapping of pre-handover labor laws, including one guaranteeing workers the right to collective bargaining.
www.pathfinder.com /asiaweek/97/1219/nat3a.html   (564 words)

  
 SEC Charges Ex-Gemstar Execs with Fraud
LOS ANGELES -- Henry Yuen, Gemstar-TV Guide 's former chairman and chief executive, and Elsie Leung, the company's former chief financial officer, were charged by the Securities and Exchange Commission Thursday in a civil lawsuit with securities fraud, lying to their auditors and falsifying Gemstar's books, The Associated Press reported.
The SEC claims that Yuen and Leung overstated Gemstar's revenue by $223 million from March 2000 through September 2002 in order to meet aggressive revenue projections and boost the company's stock.
Leung received more than $5.3 million in salary and bonuses and exercised stock options for a profit of $4.9 million during those years, the SEC said.
www.nysscpa.org /home/2003/0603/3week/article67.htm   (183 words)

  
 Chief Justice Leung Replaced by Wong   (Site not responding. Last check: 2007-11-03)
HONG KONG (AFX) - Justice secretary Elsie Leung stepped down quietly today, and was replaced by barrister Wong Yan Lung, China's Xinhua news agency reported.
Leung's resignation had long been expected but it became official after it was ratified by China's State Council, or cabinet, Xinhua said.
Leung had occupied the highest judicial office since Hong Kong was annexed by China in 1997.
www.geocities.com /hk_front/20051020-en.htm   (214 words)

  
 BBC News | Asia-Pacific | China warns Hong Kong
Following a meeting with mainland officials, Ms Leung said Beijing was most concerned about the part of the ruling dealing with the role of the National People's Congress - the highest organ of state power in China.
Ms Leung flew to Beijing on Friday in an attempt to defuse the row - the first major constitutional dispute between Hong Kong and China since the UK handed over the territory in 1997.
Chinese officials told Ms Leung that the ruling would bring a large influx of immigrants and put "immense pressure" on Hong Kong - which is already struggling to cope with a severe economic recession.
news.bbc.co.uk /1/hi/world/asia-pacific/278880.stm   (553 words)

  
 Junior Police Call breaks world record
Secretary for Justice Elsie Leung and Commissioner of Police Dick Lee joined 3,100 Junior Police Call members in Ma On Shan today to break a Guinness World Record by popping 2,477 fight crime balloons in 10 seconds.
The simultaneous balloon popping attempt was one of the activities to celebrate the JPC Scheme's 30th anniversary.
Ms Leung called on the public to help Police fight crime, using their built-in weapons - eyes, ears, mouths and hands - to watch for crime, be alert, and make Police reports.
www.news.gov.hk /en/category/lawandorder/040819/html/040819en08004.htm   (176 words)

  
 AsianWeek - Feature   (Site not responding. Last check: 2007-11-03)
Today's sessions with Elsie Leung and members of the Hong Kong SAR Executive Council who are responsible for making recommendations to Tung Chee-hwa on aspects of livelihood, indicates that the foundation has its work cut out for it.
Though Leung clearly knows the law thoroughly and was ostensibly chosen by Tung Chee-hwa for that reason, I found her answers chilling because they were those of a technocrat who would simply follow orders.
According to Leung, protesting his decision to violently suppress the student demonstrators would be legitimate but using the demonstration to incite the overthrow of the Chinese government would be illegitimate.
www.asianweek.com /070497/feature.html   (4287 words)

  
 Asia Society - Calendar
Leung is the Chief Executive’s chief legal adviser and an ex-officio member of the Executive Council.
Leung assumed her current post in 1997, she has been one of the key implementers of the “one country, two systems” principle and has handled many major issues related to the Basic Law.
Leung received her LL.M Degree at the University of Hong Kong.
www.asiasociety.org /events/calendar.pl?event=13949   (161 words)

  
 Court: SEC can hold pay / Fraud probes warrant putting bonuses in escrow
The SEC settled its case against former Chief Executive Officer Henry Yuen and former Chief Financial Officer Elsie Leung on undisclosed terms in January.
Tuesday's ruling is less important for its effect on their case, however, than for the court's affirmance of the SEC's power to seek temporary escrow of "extraordinary payments'' to employees of a publicly traded company who are being investigated for fraud.
The central issue in the case was whether the law's reference to extraordinary payments was clearly defined to include bonuses like the amounts negotiated by Yuen and Leung before their termination in 2002.
www.sfgate.com /cgi-bin/article.cgi?f=/c/a/2005/03/23/BUG04BT6891.DTL   (594 words)

  
 Fired Gemstar exec may still get $30 million severance - Apr. 21, 2003
Also fired last Friday was Elsie Leung, Gemstar's former chief financial officer.
If Leung successfully appeals her termination, she would get 666,667 shares of common stock, 209,308 shares of restricted stock or stock units and salary of up to $1.5 million.
Leung's agreement after stepping aside last year also included significant cash payments for severance and unpaid vacation and bonuses, totaling around $8.2 million, the company said in Monday's SEC filing.
money.cnn.com /2003/04/21/news/companies/gemstar_severance   (787 words)

  
 Simon World :: The Slug Moves On
Wong other than the fact that he is a well-respected member of the local legal community and a member of the Article 45 Concern group, but he has got to be better than Ms.
Leung, the walking embarrassment to Hong Kong jurisprudence that lurched during her incredibly long 8-year tenure from one fiasco to the next.
It has finally been reported today that Elsie Leung, Hong Kong's Secretary for Justice, has resigned and has been replaced by Wong Yan-Lung.
simonworld.mu.nu /archives/127536.php   (671 words)

  
 Michael Sze, Featured Speaker at Special Luncheon   (Site not responding. Last check: 2007-11-03)
Elsie Leung, met with the Attorney General of Ontario, the Hon.
Michael Bryant during her visit in Toronto on November 19 to update him of Hong Kong’s new constitutional order under the “One Country, Two Systems” concept.
Elsie Leung, addressed a luncheon gathering held November 19 in Toronto on the Closer Economic Partnership Arrangement highlighting Mainland China’s implementation of ‘One Country, Two Systems’ in Hong Kong.
www.hkcba.com /toronto/events/elsie_leung/pictures.html   (90 words)

  
 Australian Financial Review: Backsliding On Civil Liberties | Clearharmony - Falundafa in Europe
In Hong Kong, the Government chief executive Tung Chee-hwa and justice secretary Elsie Leung have both tried to calm debate on the controversial topic.
Leung has promised Hong Kong's 6.7 million constituents that the Government won't blindly follow Beijing's will.
No timetable has been specified for the introduction of article 23, although there is a widespread belief that it is likely to be this year, given Leung admitted it could be fast-tracked.
www.clearharmony.net /articles/200207/5927.html   (838 words)

  
 CNN - No-confidence motion over Hong Kong justice chief - March 11, 1999
The debate, questioning the handling of China-sensitive issues by Secretary for Justice Elsie Leung, is unlikely to result in her sacking but exposes grass-roots concerns in Hong Kong.
Aw, a friend of Tung and a member of a Beijing parliamentary body, was named in a police charge sheet as having conspired with the three but was not charged or prosecuted.
Leung has also come under intense criticism in recent months for her refusal to seek the return of criminals from China.
edition.cnn.com /WORLD/asiapcf/9903/11/china.hong.kong.01   (426 words)

  
 BBC News | Asia-Pacific | Hong Kong tries to reassure China
A senior Hong Kong official is in Beijing to try to defuse the worst constitutional crisis to hit the territory since it was handed over by the UK in 1997.
The trip by Justice Secretary Elsie Leung follows criticism by China of a Hong Kong court ruling allowing the right of abode in the territory to thousands of mainland-born children.
Before leaving Ms Leung said she would try to explain the ruling and to understand Beijing's reservations.
news.bbc.co.uk /low/english/world/asia-pacific/newsid_278000/278180.stm   (304 words)

  
 Twist: CFO Sues SEC - CFO.com
On Tuesday, Leung and former Gemstar CEO Henry Yuen, both of whom left the TV Guide publisher in October over accounting irregularities, filed a suit against the SEC.
Shortly after that, the publisher revealed it had booked millions in revenue it had not received — and would not receive — unless it won a court case.
But according to the suit, the SEC Yuen's and Leung's payments before filing charges, and therefore was wrong to invoke the Sarbanes-Oxley provision, reports Bloomberg.
www.cfo.com /printable/article.cfm/3008966?f=options   (425 words)

  
 Asiaweek.com
It failed to represent that Elsie Leung was the first-ever chief law officer to do so in Hong Kong.
The primary reason for not prosecuting Sally Aw Sian, as stated by Elsie Leung, was the fact that there was not enough evidence to prove criminal liability beyond reasonable doubt.
The question of public interest is in fact irrelevant to the decision not to prosecute, but was presumably stated by Elsie Leung merely to share her thoughts in good faith.
www.timeinc.net /asiaweek/99/0226/letters.html   (935 words)

  
 Asiaweek.com
The main character is Elsie Leung Oi-sie, Hong Kong's justice secretary, a well-respected, 59-year-old civil servant.
Leung was not required to explain her judgment, though she promised she would once the trial concluded.
The justice secretary said that "at no point was any consideration given to the political or personal status of Aw Sian." Leung said that there simply was not sufficient evidence to prosecute Aw.
www.pathfinder.com /asiaweek/99/0219/nat2.html   (541 words)

  
 WebCPA | Tools and Resources for the Electronic Accountant - An Investcorp and SourceMedia Publication
A trial judge in the U.S. Court of Appeals for the Ninth Circuit in San Francisco ruled that the freeze was allowed, and later was overruled by a Ninth Circuit panel.
Both former chief executive Yuen and former chief financial officer Leung were forced out in late 2002 after the company was discovered to have inflated advertising sales since 1999.
The SEC is moving forward to prosecute Yuen and Leung on civil fraud charges in December.
www.webcpa.com /article.cfm?articleid=15839   (294 words)

  
 Go Asia Pacific In Focus Asia - Investment gateway   (Site not responding. Last check: 2007-11-03)
Hong Kong's Justice Secretary Elsie Leung says foreign investors seeking to profit from China's entry into the World Trade Organisation should use Hong Kong as a legal base to anchor their contracts with mainland companies.
LEUNG: Insofar as arbitration is concerned already there is in place for reciprocal enforcement of arbitral work, insofar as the cost system is concerned, we have already got the green light from the State Council that we would negotiate for an arrangement for the enforcement of judgement.
LEUNG: No it doesn't because in those cases, that is in the case, the Big Spender case which you mentioned about, and also in another murder case, the mainland court did have jurisdiction over the matter because these people also committed a crime in the mainland.
www.abc.net.au /asiapacific/focus/asia/GoAsiaPacificFocusAsiaStories_488451.htm   (738 words)

  
 Falun Gong : Tung had duty to speak out on sect, says justice chief
The justice chief yesterday defended Tung Chee-hwa's attacks on Falun Gong, saying he had a duty to speak out and describing as absurd suggestions that his remarks may have been defamatory.
Elsie Leung Oi-sie said Mr Tung had as much a responsibility to speak out on Falun Gong as on other social dangers - including rave parties, drugs and pollution.
Falun Gong spokeswoman Hui Cheung Yee-han said Ms Leung's comparison of Falun Gong to a range of social ills was "irresponsible and ridiculous".
www.apologeticsindex.org /news1/an010706-04.html   (437 words)

  
 SEC v HENRY C. YUEN and ELSIE M. LEUNG RELEASE NO.: AAER-1805 - Legal Case Documents
The Commission's lawsuit, filed in United States District Court in Los Angeles, seeks antifraud injunctions, civil money penalties, disgorgement of ill-gotten gains (including salaries, bonuses, and proceeds from the sale of stock during the fraud), and permanent bars from service as an officer or director of a public company.
The Commission's complaint alleges that Gemstar is a Los Angeles-based media and technology company that, among other things, publishes magazine and develops, licenses, and markets an interactive program guide ("IPG") for televisions.
Yuen and Leung fraudulently inflated their own salaries and bonuses.
www.legalcasedocs.com /120/255/456.html   (429 words)

  
 Neither Gem Nor Star By Bill Mann Mar 13, 2003 - News Corporation Ltd., Scientific-Atlanta Inc., EchoStar ...   (Site not responding. Last check: 2007-11-03)
Additionally, former CEO Henry Yuen and CFO Elsie Leung have agreed to testify before the Securities and Exchange Commission sometime within the next few weeks.
But I'm a little concerned that Yuen and Leung remain employees of the company at all, and that Leung remains on its board of directors.
In fact, the company yesterday expressed "disappointment" that the SEC had to enforce a subpoena on Yuen and Leung, who were instructed by the company to cooperate.
articles.fool.com /coms2/summary_0268-mft03031304_ITM   (451 words)

  
 Easy Print from BloodHorse.com
Both were terminated from their positions by the Gemstar board in March and are no longer associated with the company.
The SEC alleges Yuen and Leung overstated revenue by $223 million over a 2 1/2-year period from 2000-02.
The SEC alleges Yuen and Leung made millions of dollars in bonuses and stock options as a result of the misstated revenue.
www.bloodhorse.com /viewstory_plain.asp?id=16538   (332 words)

  
 Bloomberg.com: U.S.
Former Chief Financial Officer Elsie Leung was also sued in U.S. District Court in Los Angeles by the SEC in connection with the alleged fraud at Gemstar, the publisher of TV-Guide magazine.
Attorney Stanley Arkin, who represents both Yuen and Leung, called the SEC's charges ``as unfair as they are fragile and arbitrary.'' Arkin said then-Gemstar auditor KPMG LLP supported the accounting used by Yuen and Leung.
The SEC said in today's complaint that Yuen and Leung manipulated Gemstar's financial results from March 2000 through September 2002, inflating licensing and advertising revenue by at least $223 million.
quote.bloomberg.com /apps/news?pid=10000103&sid=aTotQRzT3uyQ&refer=news_index   (537 words)

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