Arbitration Notes
Tag: hkiac
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Major PRC institutions report statistics for 2024

HKIAC publishes 2024 statistics

HKIAC publishes guidance on multi-party, multi-contract issues
New practice note addresses compatibility of arbitration agreements and arbitrator appointments where a single arbitration is commenced under multiple …
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 …
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 …
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
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 …
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
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 …
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 …
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 …
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 …
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