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The Hong Kong Mediation Ordinance (the ‘Ordinance’) was passed on 15 June 2012 and came into force on 1 January 2013. The Ordinance applies when mediation is conducted at least partially in Hong Kong or pursuant to a written agreement to mediate which refers to the law of Hong Kong or the...
Persistent link: https://www.econbiz.de/10014141597
Recent global financial dislocation has provided an impetus for examining effective avenues for the resolution of financial disputes. Hong Kong, like many financial centers throughout the world, has been directly affected by the collapse of Lehman Brothers. Its response to the collapse has...
Persistent link: https://www.econbiz.de/10013121872
Financial dispute resolution centers currently operate in most major financial centers throughout the world. As such centers expand and develop to address a growing number of financial related disputes, they must inevitably address the question of their role and function in financial market...
Persistent link: https://www.econbiz.de/10013091316
Coming into effect in June 2011, the Hong Kong Arbitration Ordinance Cap. 609 (“AO”) established a unified legal regime for both domestic and international arbitration based on the international principles of the ML. Whilst the AO gives legal effect to a majority of expressly stated...
Persistent link: https://www.econbiz.de/10012858724