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A Singaporean businessman’s ICSID claim against China has been discontinued as the parties agree to have the treaty dispute heard under UNCITRAL rules.
31 August 2021
Readers are invited to join us for GAR Live: Beijing, which will address topics including arbitration in Asia and the dos and don’ts of cross examination.
18 August 2021
A Hong Kong court has enforced a Lebanese steel trader’s LCIA award against a Chinese state-owned entity that was found to have used “guerrilla tactics” in the arbitration after its parent company went bankrupt.
17 August 2021
TRANSLATION ADDED: On 30 July, China's Ministry of Justice published a consultation draft of revisions to the Chinese Arbitration Law that would considerably liberalise its arbitration infrastructure. Fangda Partners’ Lin Yanhua and Matthew Townsend identify some key takeaways for international parties from the recently circulated draft amendments.
09 August 2021
Three Fangda lawyers – partner Diane Peng in Beijing and counsel Matthew Townsend and Fabian Roday in Hong Kong – summarise 5 real life cases in which they have obtained interim relief in mainland China in support of Hong Kong-seated arbitrations, highlighting the requirements, pitfalls and best practices.
20 July 2021
A Swiss investor has made good on his threat to file a treaty claim against China after his company was stripped of the rights to run an annual international jazz festival on the island of Hainan.
13 July 2021
All mainland China-seated arbitral awards are now enforceable in Hong Kong and parties can pursue parallel enforcement in both jurisdictions, after the special administrative region enacted updates to an arrangement on mutual enforcement of awards.
16 June 2021
A court in Melbourne has enforced a Chinese venture capital fund’s US$27 million CIETAC award against Australian investors over the failed IPO of a sheepskin and textiles business.
24 May 2021
Repsol has for a second time been held liable in a US$5.5 billion SIAC claim lodged by China’s Sinopec group over the purchase of a stake in a North Sea oil venture, although several other claims were dismissed in the latest partial award.
29 April 2021
A subsidiary of Europe’s largest private equity firm has renewed its bid to seize two Andy Warhol and Martin Kippenberger paintings owned by a Chinese restaurateur as it seeks to enforce two CIETAC awards worth US$142 million in a US court.
23 April 2021
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