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Hk arbitral award

WebEnforcement of Arbitral Awards between Mainland China and Hong Kong August 25, 2024 . The “Supplemental Arrangement Concerning Mutual Enforcement of Arbitral Awards between the Mainland and the Hong Kong Special Ad-ministrative Region” (the “Supplemental Arrangement ”) was signed on November 27, 2024. WebEnforcement of Arbitral Awards between Mainland China and Hong Kong August 25, 2024 . The “Supplemental Arrangement Concerning Mutual Enforcement of Arbitral Awards …

Challenging and Enforcing Arbitration Awards: Hong Kong

Web10 apr 2024 · If the decision in Ennead is anything to go by, an arbitral award made by CIETAC Hong Kong may have a better chance of being enforced in the Mainland than an award issued under the rules of some other international arbitration institution because it will be viewed as an award issued by a leading arbitral institution in China. WebMutual enforcement of arbitral awards. Under the Arrangement, Hong Kong courts may enforce arbitral awards made pursuant to the Arbitration Law of the People’s Republic of China. In turn, the People’s Courts of the Mainland may enforce awards made pursuant to Hong Kong’s Arbitration Ordinance (Cap. 609). Summary of changes hdb adding tenant https://drverdery.com

A Simple Guide to Arbitration in Hong Kong - Deacons

WebEnforcement of arbitral award Xiamen Xinjingdi Group Co Ltd -v- Eton Properties Ltd and Others [2024] HKCFA 32 – power of the court to grant alternative remedies in a common law enforcement action on an award. In 2003 the plaintiff entered into a shares sale and purchase agreement with D1 and D2 (collectively D1–D2). Web27 mag 2024 · Article 283 of the PRC Civil Procedure Law (the "CPL") enshrines that foreign arbitral awards made in territories of other contracting states to the New York … WebPRC-HK Arrangement on Interim Measures 1. Overview The Arrangement Concerning Mutual Assistance in Court-ordered Interim Measures in Aid of Arbitral Proceedings by the Courts of the Mainland and the Hong Kong Special Administrative Region (the “Arrangement”) came into force on 1 October 2024 and applies to applications for interim … h/d bag

Module 12: Enforcement of Arbitral Awards

Category:Arbitration Week: Enforcement of Arbitration Awards

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Hk arbitral award

Hong Kong Arbitration FAQs HKIAC

WebChina. Arbitral awards in China must adhere to the following requirements under articles 53 and 54 of the Arbitration Law of the People’s Republic of China (revised in 2024) (Arbitration Law): the award must be in writing; the tribunal must set forth in the award the arbitration claims, the matters in dispute, the grounds on which the award ... WebOn 17 June 2024, Mimmie Chan J in the Hong Kong High Court handed down a judgment in what she termed a “highly unusual case”, W v AW [2024] HKCFI 1707, which illustrates …

Hk arbitral award

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Web1 lug 2024 · The term "judgment" is defined in section 2 (1) of the Reciprocal Enforcement Act as: " [A]ny judgment or order given or made by a Court in any civil proceedings . . . whereby any sum of money is made payable and includes an award in proceedings on an arbitration if the award has, in pursuance of the law in force in the place where it was … Web17 ott 2015 · Enforcement Of Arbitral Awards In Hong Kong: Preliminary Proceedings And Enforcement. October 17 ... The applicant must pay the court fees (Schedule 1, High Court Fees Rules (Cap 4D)) as follows: …

Web5 nov 2024 · The Arrangement prohibits an applicant for enforcement of an arbitral award from filing applications for enforcement with both the courts of Hong Kong and those of the Mainland at the same time. ... New corporate governance requirements for HK listed companies/listing applicants will come into effect in January 2024. Legal Updates. WebIn 1999, the central and Hong Kong governments enacted laws to permit reciprocal enforcement of arbitral awards, on conditions similar to those provided in the New York …

WebFinally, in RJ and another v HB [2024] EWHC 2833 (Comm), the Commercial Court set aside an arbitral award for serious irregularity due to the tribunal’s failure to give the … http://icapa.hkiarb.org.hk/wp-content/uploads/2024/07/Module-12-Enforcement-of-Arbitral-Awards.pdf

WebEnforcement of Arbitral Awards between the Mainland and the Hong Kong Special Administrative Region (the “Arrangement”), through mutual consultations between the …

Web16 giu 2024 · Since 1 February 2000, enforcement of arbitral awards between the mainland and Hong Kong has been governed by a separate arrangement, which has successfully … hd backup cameraWeb18 gen 2024 · 18 January 2024. In a significant decision, a Hong Kong court has set aside an earlier ex parte court order granting leave to enforce an arbitral award made by a PRC arbitral body in the sum of RMB 59 million (HK$72 million). The judge considered that the underlying contract was entered into without authority to advance the interests of an ... hdba ilias anmeldungWeb23 giu 2024 · The preface of the Arrangement states that a Hong Kong award refers to that made in Hong Kong pursuant to the Arbitration Ordinance. There are two … hdba lehrorganisationWeb27 nov 2024 · The Secretary for Justice, Ms Teresa Cheng, SC, and Vice-president of the Supreme People's Court (SPC) Mr Yang Wanming, signed the Supplemental Arrangement Concerning Mutual Enforcement of Arbitral Awards between the Mainland and the Hong Kong Special Administrative Region (HKSAR) (Supplemental Arrangement) in Shenzhen … hdba kempkensWeb22 mar 2024 · Hong Kong is internationally renowned as a pro-arbitration jurisdiction in upholding arbitration agreements and enforcing arbitral awards. Despite the viable … eta gazteok zerWebthe arbitral award deals with issues that are non-arbitrable; and; the arbitral award is against public policy. 9.1.2 The Hong Kong courts apply the above cited grounds in line with international practice and thus generally interpret them narrowly. Accordingly, in the vast majority of cases, arbitral awards will be upheld by the Hong Kong courts. etag cssWebArbitral awards are also increasingly subject to parallel and successive enforcement and annulment proceedings. Parallel proceedings may not only lead to conflicting results on the merits of the dispute, but issues arise in particular when a party is looking to enforce an award despite the existence of a parallel procedure, as has been recently demonstrated … hdba kern