Hk arbitral award

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August undefined, 2024

WebArbitral 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 …

Hong Kong arbitration case law in 2024: Enforcement of …

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 provided an effective mechanism of enforcing awards between the two jurisdictions. On 27 November 2024, a supplemental arrangement was signed, amending four aspects of the … Webdecisions of preliminary questions of law by the court, challenging an arbitral award on the ground of serious irregularity and appeals against arbitral awards on a question of law. … nw armory hours

Challenging and Enforcing Arbitration Awards: Hong Kong

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). WebEnforcement of Arbitral Awards between Mainland China and Hong Kong August 25, 2024 . The “Supplemental Arrangement Concerning Mutual Enforcement of Arbitral Awards … WebEnforcement of Arbitral Awards between the Mainland and the Hong Kong Special Administrative Region (the “Arrangement”), through mutual consultations between the … nwartglass.com

In brief: enforcing and challenging arbitral awards in Hong Kong

Challenging an arbitral award in Hong Kong - Pinsent Masons

Web11 dic 2024 · The Arrangement Concerning Mutual Enforcement of Arbitral Awards between the Mainland and HKSAR came into effect on 1 February 2000 (“Arrangement”). The Arrangement replaced the New York Convention 1959 and serves as the basis for recognizing and enforcing arbitration awards of Hong Kong in Mainland China.. The … Web30 mag 2024 · Section 84 of the Hong Kong Arbitration Ordinance (Cap. 609) (“HKAO”) states that an arbitral award, whether made in or outside of Hong Kong, may be enforced in the same manner as a court judgment, once the court has given leave to enforce the award. While such leave by the court is not given as a matter of right, it will only be refused in ... nw armory in scottsdaleWebthe 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. nw armory locations

"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. " - Hk arbitral award

Hk arbitral award

HK, mainland enhance arbitral award enforcement

Web27 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 … 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.

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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 … Web11 apr 2024 · Yves Herinckx, Enforcement of Awards v. Enforcement of Judgments in the EU: Arbitration Must Catch Up Arbitral awards are easier to enforce across borders than court judgments, through the New York Convention, and this is one of arbitration’s key advantages compared to court litigation.

Web8 giu 2024 · In practice, courts are careful not to be drawn into a review of the merits of the award in challenges to enforcement. Some examples are as follows: The parties to the agreement were under some incapacity, or the agreement is not valid under the law to which the parties have subjected it. The party against whom the award is invoked was not ... Web11 apr 2024 · In CMB, CMB succeeded in having designated parts of a final arbitral award in an arbitration commenced by Fund, Cattle and Management (together with two other parties) against it (“Award”) set ...

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 …

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 …

Web1 lug 2024 · Representing a PRC state-owned enterprise in Hong Kong court proceedings to challenge the enforcement of a China International Economic and Trade Arbitration … nwa ruthlessWeb17 ott 2015 · With enforcement, arbitral awards made outside Hong Kong are classified into four categories: Convention awards, which means awards made in a state or the … nwas 2020 scheduleWebChina. 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 ... nwa rock hall of fame inductionWeb16 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 … n w. ar weather radarWeb5 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. nwa rock n roll express themeWeb11 mar 2024 · An award made by an arbitral tribunal in the Hong Kong SAR is final and binding on the parties. Parties that are not satisfied with the award, can apply to set … nwas 111 addressWeb7 mar 2024 · Mainland Chinese arbitral awards will normally be enforced, unless the grounds for refusal under Section 95 (which largely replicate those set out in the New York Convention) are established. nwas abbreviations