Region: Hong Kong

HKIAC looks back on Year of Ox

As China celebrates the start of the Year of the Tiger, the Hong Kong International Arbitration Centre has released its case figures for the Year of the Ox (2021), when 277 arbitrations were submitted to the centre featuring parties from 41 jurisdictions and with approximately US$7 billion in dispute.

11 February 2022

Hong Kong urged to lift ban on success fees

The Law Reform Commission of Hong Kong has recommended that a ban on success fees in arbitration should be lifted to bring the special administrative region in line with other major arbitral seats.

15 December 2021

Join us for GAR Live: Hong Kong

Readers are invited to join us next week for GAR Live: Hong Kong, which will consider the developing balance between Asian arbitral hubs, seminal court decisions over the past year and best practice when faced with challenging case scenarios. There will also be a keynote address by David W Rivkin, HKIAC co-chair and partner at Debevoise & Plimpton.

21 October 2021

Covid plea fails to halt Hong Kong share freeze

A Hong Kong court has granted an injunction in aid of a CIETAC claim over a share transfer that was terminated on the grounds of covid-19 and “deteriorating Sino-US relations”.

20 October 2021

Withers continues Asia expansion with hire in Hong Kong

Withers has continued growing its Asian international arbitration practice with the hire of Joseph Chu as partner from Simmons & Simmons in Hong Kong.

24 August 2021

Swiss funder backs HKIAC claim against crypto exchange

A recently launched Swiss disputes funder is backing a “landmark” HKIAC claim that a group of traders are preparing against cryptocurrency exchange Binance for losses they incurred when its platform crashed.

19 August 2021

Hong Kong court enforces against Chinese state entity

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

Five case studies under the China-Hong Kong interim relief arrangement

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

Mayer Brown arbitrator avoids another injunction in Hong Kong

A Hong Kong judge has for a second time refused to restrain Mayer Brown partner Thomas So from acting as sole arbitrator in an HKIAC dispute over a law firm, striking out “vexatious” allegations that he acted dishonestly and in bad faith.

07 July 2021

HKIAC reveals duration and cost of cases

The Hong Kong International Arbitration Centre has revealed that, in the past eight years, the average arbitration at the centre has lasted 13 months, from date of commencement to date of the award or decision, and cost US$64,606.

29 June 2021

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