Our previous article raised the issue that costs of commercial arbitration are pretty high in Hong Kong. Then who should bear the costs at the end of the arbitration?...more
In this part of our ongoing series, we will examine the costs of arbitration in Hong Kong and if it is expensive as thought. Arbitration costs mainly comprise of two parts: solicitors’ fees and the costs attributable to...more
6/3/2021
/ Arbitration ,
Asia ,
Attorney's Fees ,
China ,
Hong Kong ,
Hong Kong International Arbitration Centre (HKIAC) ,
International Arbitration ,
International Trade Disputes ,
Litigation Fees & Costs ,
PRC ,
Tribunals ,
Venue
On April 2, 2019, the Supreme People’s Court of the PRC and the Department of Justice of Hong Kong signed the “Arrangements concerning the Mutual Assistance in Court-Order Interim Measures in Aid of Arbitral Proceedings by...more
6/3/2021
/ Arbitration ,
Arbitration Awards ,
Asia ,
Business Disputes ,
China ,
CIETAC ,
Foreign Arbitral Awards ,
Foreign Corporations ,
Hong Kong ,
Hong Kong International Arbitration Centre (HKIAC) ,
Interim Measures ,
International Arbitration ,
International Chamber of Commerce (ICC) ,
PRC ,
Variable Interest Entities
The advantages enjoyed by Hong Kong as a center for arbitration of commercial disputes involving parties in Mainland China have been further enhanced by new measures to strengthen the cross-border recognition and enforcement...more