More choice for resolving outbound disputes

0
1141

Last month I was speaking at a conference with representatives from arbitral institutions and seats across Asia, and an observation we shared was how the arbitral rules of institutions in Asia were converging towards best practices worldwide. And of course, many with whom I spoke were interested in what impact this may have for Chinese-related disputes.

DD_Kobre

As Chinese outbound investment increases, it is fitting that there is increasing choice for resolving Chinese outbound disputes. The China International Economic and Trade Arbitration Commission (CIETAC) and Beijing Arbitration Commission (BAC) recently revised their arbitration rules, which come into force on 1 January and 1 April 2015, respectively. These closely follow revisions to arbitral rules of institutions that also handle China-related matters, including the International Chamber of Commerce (ICC) Rules of Arbitration in 2012, the Singapore International Arbitration Centre (SIAC) Arbitration Rules in April 2013, and the Hong Kong International Arbitration Centre (HKIAC) Administered Arbitration Rules in November 2013.

You must be a subscriber to read this article, or you can register for free to enjoy the current issue.

该部分内容仅提供予《商法》订阅会员。你可以订阅去解锁所有内容。你也可以免费注册去浏览最新一期的内容。

The author, Shaun Wu, is a principal of Kobre & Kim focused on international litigation and arbitration, and especially Chinese-related matters.