On 8 April 2015, SW partner Mr. Eric Lui and SW Head of Business Development (China) Ms. Connie Yeung attended “2015 International Dispute Resolution Forum” held in Shanghai by AllBright Law Offices. Topic of the forum was “How PRC enterprises resolve cross-border investment disputes by way of arbitration”.
Special Provisions in the new CIETAC Rules 2015 for Hong Kong Arbitration
The China International Economic and Trade Arbitration Commission (“CIETAC”) Arbitration Rules 2015 (“the 2015 Rules”) applies to CIETAC arbitrations commenced on or after 1 January 2015, or where the parties agree to apply the 2015 Rules for arbitrations commenced before 1 January 2015. Given Hong Kong has a separate judicial and arbitration regime, certain special provisions are provided for in the 2015 Rules for CIETAC arbitrations. This article will provide a brief summary on the special provisions for CIETAC arbitrations administered by CIETACHong KongArbitrationCenter.
The New CIETAC Arbitration Rules 2015
The China International Economic and Trade Arbitration Commission (“CIETAC”) Arbitration Rules 2015 (“the 2015 Rules”) has come into effect on 1 January 2015, which will apply to all CIETAC arbitrations commenced on or after 1 January 2015. For arbitration proceedings commenced before 1 January 2015, parties may also agree to adopt the 2015 Rules.