Tag: success fees
Showing 6 out of 6 results
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 …
HONG KONG COURT REJECTS AWARD CHALLENGE OVER LAW FIRM SUCCESS FEE
The Hong Kong Court of First Instance has dismissed a challenge to the enforcement of a US$50 million arbitral award rendered in Chicago in favour of a …
Hong Kong arbitration success fee regime fully in force
Lawyers can now offer success-based fee arrangements for work in Hong Kong on arbitrations and related proceedings. On 16 December 2022, Hong Kong …
ICSID tribunal upholds the recoverability of success fees for counsel in BSG Resources v Guinea
On 18 May 2022, an arbitral tribunal rendered its award in BSG Resources Limited (in Administration), BSG Resources (Guinea) Limited, BSG Resources …
Hong Kong gazettes success fee Bill
Hong Kong has officially published a Bill that would allow lawyers to agree outcome-based fees for arbitration work in the territory. If, as expected, …
HONG KONG RECOMMENDS SUCCESS FEES FOR ARBITRATIONS
