Asia

CIETAC releases 2018 statistics

On 1 February 2019, CIETAC published its 2018 statistics and 2019 work plan. The statistics show a substantial increase in CIETAC’s caseload and the total amounts in dispute, as well as a growing diversity of cases administered by CIETAC. CIETAC … Continue reading

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Filed under Asia, Hong Kong & China, Institutions

WANT TO KNOW MORE ABOUT THE ASIAN INFRASTRUCTURE INVESTMENT BANK?

AIIB and HKIAC are presenting a joint seminar on the AIIB’s status, policies and projects on 21 February. The seminar, which is supported by Hong Kong’s Department of Justice and the ICC, features: an interview with AIIB’s General Counsel, Gerard … Continue reading

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Filed under Asia, Banking and Finance, Events, Hong Kong & China

FUNDING IN SINGAPORE AND HONG KONG: HERBERT SMITH FREEHILLS CONTRIBUTES TO LEADING PUBLICATION, ACTS ON FUNDED CASES

Third party funding is a hot topic in Asia. As noted on this blog, Singapore introduced legislation in 2017 to allow third-party funding in international arbitration and associated proceedings, including enforcement and mediation. Hong Kong’s funding legislation takes effect today. … Continue reading

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Filed under Arbitration proceedings, Asia, Hong Kong & China, Publications and Guides, Singapore, Third Party Funding

No U-Turns Ahead: Singapore Court of Appeal holds that commencement of court proceedings may lose you the right to later rely on arbitration agreements

In the recent landmark decision of Marty Ltd v Hualon Corp (Malaysia) Sdn Bhd [2018] SGCA 63, the Singapore Court of Appeal held that the commencement of court proceedings notwithstanding the existence of a binding arbitration agreement and without any … Continue reading

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Filed under Arbitration clauses, Arbitration proceedings, Arbitration rules, Asia, Court intervention, Jurisdiction, Singapore, South East Asia

Evolving Asia, New Frontiers in Dispute Resolution: CIArb (Malaysia Branch) International Arbitration Conference 2018 Keynote Address

At the Chartered Institute of Arbitrators (Malaysia Branch) International Arbitration Conference 2018, Peter Godwin, the Managing Partner of Herbert Smith Freehills’ Kuala Lumpur office gave a keynote address. The topic of the address was “Evolving Asia, New Frontiers in Dispute … Continue reading

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Filed under ADR, Arbitration proceedings, Asia, East Asia, Global Pound Conference, Hong Kong & China, Singapore, South East Asia

Hong Kong Court of Appeal ends 12-year Xiamen v Eton Properties saga

As discussed in this post, Xiamen Xingjingdi Group Co Ltd (XJ) and various co-defendants affiliated with Eton Properties Ltd (together, EP) have been involved in a long-running dispute in multiple fora, including a PRC-seated CIETAC arbitration and several Hong Kong … Continue reading

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Filed under Arbitration clauses, Asia, Awards, Court intervention, Damages, East Asia, Enforcement, Hong Kong & China

SPC ISSUES PROVISIONS ON ACTION PRESERVATION IN IP RIGHTS DISPUTES

The Supreme People’s Court of China (SPC) has released a new set of judicial interpretations concerning interim injunction applications for intellectual property rights (IP Rights)-related disputes. The Provisions on Application of Laws in Adjudication of Action Preservation Cases Involving Intellectual … Continue reading

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Filed under Asia, Court intervention, Hong Kong & China, Interim relief, Publications and Guides

ICC modifies standard arbitration clause to make explicit reference to the ICC International Court of Arbitration

As discussed in our recent blog post, the Moscow Arbitrazh Court and appeal courts recently found that a reference to the arbitration rules of an arbitral institution was not sufficiently clear evidence that the parties had agreed on that specific … Continue reading

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Filed under Arbitration clauses, Asia, Europe, Institutions

JCAA Announces New Sets of Rules

Overview The Japan Commercial Arbitration Association (JCAA) has issued an announcement that it is (i) amending its two current sets of arbitration rules and (ii) introducing a revolutionary set of rules designed to provide efficient and cheap civil-law style arbitration. … Continue reading

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Filed under Arbitration rules, Asia, Japan, Uncategorized

Hong Kong’s funding code published

As noted in our earlier post, Hong Kong published its long-awaited Code of Practice for Third Party Funding of Arbitration on 7 December 2018. Publication of the Code has removed the final hurdle to third party funding of Hong Kong … Continue reading

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Filed under Arbitration laws, Asia, Hong Kong & China, News, Uncategorized