The HKIAC’s arbitration caseload reached its highest level for more than a decade last year, underlining Hong Kong’s continuing international appeal as well as its unique strengths as a seat for China-related. Lawyers say that additional measures like third-party funding and success-based fee arrangements are set to cement the city’s reputation further.
The HKIAC’s arbitration caseload reached its highest level for more than a decade last year, underlining Hong Kong’s continuing international appeal as well as its unique strengths as a seat for China-related. Lawyers say that additional measures like third-party funding and success-based fee arrangements are set to cement the city’s reputation further.
Hong Kong and Singapore, the Asia Pacific’s leading seats of international arbitration, have both implemented reforms enabling parties to enter into outcome related fee structures.