The new Seoul International Dispute Resolution Centre (IDRC) opened its doors in Korea last month, signalling the rising trend in international arbitration in Asia.
Attending the official launch were Herbert Smith Freehills’ disputes partners Tony Dymond, based in Seoul, and Justin D’Agostino, based in Hong Kong and Greater China, both of whom have specialist experience in international arbitration. Please click here to read the full post on our Arbitration blog which provides a short overview of the functionality of the IDRC.
The Hong Kong International Arbitration Centre (“HKIAC“) has published the 2013 revisions to the HKIAC Administered Arbitration Rules (“2013 HKIAC Rules“). Justin D’Agostino and Briana Young of Herbert Smith Freehills in Hong Kong have been on the HKIAC Rules Revision Committee and involved in the revision process from beginning to end. The new 2013 HKIAC Rules will come into force on 1 November 2013.
After a major review of its Administered Arbitration Rules, the HKIAC has introduced significant changes aimed at creating greater efficiency and bringing the HKIAC to the forefront of modern arbitral practice. Many of the changes clarify, but do not modify, the substance of HKIAC administered arbitration. Please see our Arbitration blog for details of the key changes made.