A Hong Kong court has upheld a jurisdictional challenge to an HKIAC award in favour of the daughter of a jailed Chinese pharmaceuticals executive – relying on new evidence that emerged through criminal proceedings over a market manipulation scheme.
31 August 2023
A Hong Kong court has stayed a six-year-old petition to wind up a Chinese paper company over an unpaid HKIAC award because the debtor is pursuing a larger cross-claim in a second arbitration.
15 August 2023
A Cayman court has restrained a Hong Kong-owned education company from enforcing share charges pending a CIETAC proceeding – the first time it has ruled on its standalone power to grant interim measures in aid of foreign arbitrations under the territory’s 2012 arbitration law.
11 August 2023
A widow who was held liable in a Hong Kong arbitration after personally guaranteeing a bond issuance by her late husband’s company “out of love” has failed to halt enforcement of the award in London by invoking UK consumer law.
08 August 2023
A Russian court has refused to suspend a billion-euro lawsuit in favour of HKIAC arbitration – finding there was reason to doubt the sanctioned defendant would be guaranteed a fair trial at the Hong Kong centre.
05 July 2023
The operator of an airport in southern China says it has been found liable in a US$900 million HKIAC dispute with a Chinese private equity fund over an aborted share sale, with damages still to be decided.
19 June 2023
An investor dubbed “Bitcoin Jesus” is pursuing a US$200 million HKIAC claim against a bankrupt cryptocurrency exchange, it has emerged, as he faces a claim for an alleged default that contributed to the platform’s downfall.
05 May 2023
An arbitrator in Hong Kong has dismissed a US$147 million claim against a Chinese property developer arising from a voided share purchase, as it battles to regain control of valuable assets on the mainland.
24 April 2023
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