Cryptocurrency is all the rage these days, and a host of legal challenges comes with it. In a new bilingual article published in this month’s Hong Kong Lawyer, Geoffrey Lai, Special Counsel, Tricia Yu, Associate, and Thomas Leung, Associate, delve into the complexities of assessing damages for breach of contract claims involving cryptocurrency.
The article highlights the critical importance of both the date of valuation and the source of valuation in these assessments. The authors also share practical solutions for resolving cryptocurrency disputes, including recommendations for incorporating relevant clauses in contracts to address potential issues effectively.
Read the article here.