The Hong Kong International Arbitration Centre (“HKIAC”) has recently released two updated Practice Notes on costs of arbitration which came into effect on 1 June 2016 to supplement the provisions on costs under the 2013 HKIAC Administered Arbitration Rules (“Rules”).
In a judgment delivered on 4 March 2016 the Hong Kong CFI has ruled that the court need only be satisfied on a prima facie basis that a valid arbitration agreement applies, in order to stay court proceedings. The case in question is Bluegold Investment Holdings Limited v Kwan Chun Fun Calvin [HCA 1492/2015].The decision confirms Hong Kong’s position as an attractive seat for international arbitration and highlights the importance of ensuring consistency across suites of documents.
The Hong Kong International Arbitration Centre (“HKIAC”) has recently released a Practice Note on Consolidation of Arbitrations which serves to supplement the consolidation regime contained in the 2013 HKIAC Administered Arbitration Rules (“Rules”).
The Dispute Resolution Global Guide provides practical analysis of topical cross-border issues and country-specific Q&A guides on dispute resolution law and practice worldwide. The Q&A guide aims to give a structured overview of the key practical issues including, for example, court procedures, fees and funding, interim remedies (including attachment orders), disclosure, expert evidence, appeals, class actions, enforcement of judgments, cross-border issues and the use of ADR.
Financier Worldwide canvasses the opinions of leading professionals around the world on the latest trends in commercial arbitration.
