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In review: recent banking litigation developments in Hong Kong

A review of recent case law, legislative and regulatory developments affecting banking litigation proceedings in Hong Kong. ....

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Looking Back on the Supplemental Arrangement on Mainland-Hong Kong Mutual Enforcement of Arbitral Awards

On November 27, 2020, Mainland China and Hong Kong entered into the “Supplemental Arrangement Concerning Mutual Enforcement of Arbitral… ....

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Recognition and enforcement of foreign arbitration awards in Mainland China | Hellenic Shipping News Worldwide

Recognition and enforcement of foreign arbitration awards in Mainland China
Mainland China has been a significant and active player in the global shipping market for years. It is now one of the top shipping nations scoring high on numbers of shipowners, operators, charterers and other supporting parties. It is rare that someone in shipping does not come across a Chinese counterparty.
When business thrives, disputes come along. A favourable arbitral award from outside Mainland China however does not mean that the fight is over. If the losing party refuses to honour the award, recognition and enforcement of the award is always a key to a successful recovery of claims. ....

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Refinement and Clarity | Asian Legal Business

In November last year, China’s Supreme People’s Court and the Hong Kong Government signed the Supplemental Arrangement Concerning the Mutual Enforcement of Arbitral Awards between the Mainland and Hong Kong SAR. The agreement is widely expected to enhance the enforcement process and serve as an expansion of the 2000 Arrangement Concerning Mutual Enforcement of Arbitral Awards between the Mainland and the HKSAR.

For law firms in the region, the Supplemental Arrangement has been welcomed as a compelling development, and one that the market has been waiting for. The Supplemental Arrangement serves as a refinement of the existing Arrangement Concerning Mutual Enforcement of Arbitral Awards between the Mainland and the HKSAR, while functioning with fewer grey areas, say lawyers. ....

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