Taking Stock of Hong Kong as an Arbitral Seat

Counsel and arbitrators give their take on why Hong Kong remains a world class arbitral seat of choice.

Key Points:

..Hong Kong courts continue to be independent and take a pro-arbitration and pro-enforcement approach that facilitates the arbitral process.

..HKIAC Arbitration Rules are innovative and progressive, allowing for cost-effective and efficient resolution of disputes, particularly in situations involving multiple parties and/or multiple contracts.

..HKIAC provides a diverse pool of international arbitrators and world-class services that help ensure a smooth arbitration process.

..Hong Kong benefits from its unique status as both a Special Administrative Region of China and as an international hub.

2020 has been a challenging year for Hong Kong, with recent events such as political protests, the enactment of the National Security Law, and the COVID-19 pandemic calling into question whether Hong Kong will continue to be a viable choice as a seat for arbitration.

Please see full publication below for more information.

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DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.

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