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Tag: hkiac

Showing 12 out of 32 results

21 October 2024

Hong Kong court reconciles conflicting dispute resolution clauses and refers parties to arbitration

Reference to "relevant legally authorised body in Hong Kong for arbitration" evinced clear intention to arbitrate; exclusive Hong Kong court jurisdiction …

14 October 2024

Hong Kong court grants anti-suit relief against sanctioned Russian bank

German bank obtains injunctions to restrain Russian court proceedings commenced in breach of HKIAC arbitration agreement; argument that court lacked …

02 October 2024

Hong Kong courts dismiss five award challenges over eleven-day period

Unsuccessful award debtors ordered to pay indemnity costs in every case; lawyers who acted in “totally baseless” enforcement challenge heavily criticised

20 August 2024

Hong Kong decision illustrates important exception to arbitral confidentiality

Disclosure of information relating to HKIAC arbitration in parallel court litigation was to protect or pursue a legal right or interest and thus …

24 June 2024

Hong Kong court to consider whether grounds for challenging awards apply to arbitration settlement agreements

Status of a procedural order which terminates proceedings and renders tribunal functus officio will also be considered

17 June 2024

Hong Kong court denies stay of award enforcement pending result of separate arbitration

Anti-set-off clause upheld by arbitrator meant that cross-claims in separate arbitration could not give rise to a set-off against the award debt; no …

27 May 2024

Hong Kong court upholds jurisdiction challenge due to incompatible arbitration agreements

The Hong Kong Court of First Instance has set aside a jurisdictional award in an HKIAC arbitration under multiple contracts because the arbitration …

24 May 2024

Hong Kong court rejects challenge to arbitrators for apparent bias

The Hong Kong Court of First Instance has dismissed an application for the removal of arbitrators in an UNCITRAL arbitration administered by the HKIAC (P …

08 March 2024

HKIAC reports record amount in dispute for 2023

The HKIAC's recently released statistics for 2023 reveal that the institution had a record-breaking year measured by the amount in dispute, underscoring …

15 January 2024

HONG KONG COURT REMITS AWARDS TO ARBITRATOR FOLLOWING CHANGE IN LAW OF ILLEGALITY DEFENCE

The Hong Kong Court of First Instance (“CFI”) has suspended set-aside proceedings in respect of two HKIAC awards on liability and quantum and remitted …

24 August 2023

HONG KONG COURT UPHOLDS CLAIMANT'S JURISDICTIONAL CHALLENGE IN RELATION TO NON-PARTY SEEKING JOINDER

The Hong Kong Court of First Instance has set aside an HKIAC award on jurisdiction at the request of the claimant, overturning the tribunal’s ruling that …

12 June 2023

2021/2022 INSTITUTIONAL CASELOAD STATISTICS: THE AIAC AND SIAC REMAIN THE PREFERRED ARBITRATION INSTITUTIONS BY MALAYSIAN PARTIES

Following on from our previous updates in 2019, 2020, and 2021, we analyse the publicly available caseload statistics for the usage of various arbitral …