Region: Hong Kong

A Hong Kong court has granted a request by embattled Chinese property developer Evergrande to restrain an HKIAC arbitration worth US$110 million brought by one of its creditors, finding it would interfere with winding-up proceedings.

26 September 2023

Fangda Partners has ceased advising Credit Suisse bondholders in Hong Kong on a potential investment treaty claim against Switzerland, GAR has learnt – only a day after the Chinese law firm’s involvement in the dispute was publicised.

07 September 2023

Hong Kong investors affected by the write-down of Credit Suisse bonds are reportedly preparing an investment treaty claim against Swizerland – weeks after an Australian funder announced it would back another group of bondholders represented by Allen & Overy.

05 September 2023

A Hong Kong court has upheld a jurisdictional challenge to an HKIAC award in favour of the daughter of a jailed Chinese pharmaceuticals executive – relying on new evidence that emerged through criminal proceedings over a market manipulation scheme.

31 August 2023

Matthew Gearing KC, former co-head of international arbitration at Allen & Overy, has joined Temple Chambers in Hong Kong as an arbitrator member.

31 August 2023

A Hong Kong court has stayed a six-year-old petition to wind up a Chinese paper company over an unpaid HKIAC award because the debtor is pursuing a larger cross-claim in a second arbitration.

15 August 2023

A Hong Kong court has refused a request that an arbitrator in mainland China be compelled to give evidence in an enforcement proceeding, saying arbitrators should have the “same immunity available to judges”.

14 August 2023

A Cayman court has restrained a Hong Kong-owned education company from enforcing share charges pending a CIETAC proceeding – the first time it has ruled on its standalone power to grant interim measures in aid of foreign arbitrations under the territory’s 2012 arbitration law. 

11 August 2023

A widow who was held liable in a Hong Kong arbitration after personally guaranteeing a bond issuance by her late husband’s company “out of love” has failed to halt enforcement of the award in London by invoking UK consumer law.

08 August 2023

Shearman & Sterling has promoted Edward Taylor to the partnership in Hong Kong.

04 August 2023