
Russian Council responds to HKIAC request for legal clarifications | Further liberalisation of legal services trade under CEPA | HKIAC appoints two new Co-Chairs |
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On May 27, 2020, the Russian Council issued a response to a Joint Request for Clarifications from the Hong Kong International Arbitration Centre (HKIAC) and the Vienna International Arbitration Centre, which are the only foreign arbitral institutions with permanent arbitral institution status under Russia's Federal Law.
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Effective on June 1, 2020, the latest Amendment Agreement under the Mainland and Hong Kong Closer Economic Partnership Arrangement (CEPA) further liberalises the trade in cross-boundary legal services.
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David W. Rivkin and Rimsky Yuen, SC, have been named as the new Co-Chairs of Hong Kong International Arbitration Centre, succeeding Matthew Gearing QC, whose three-year term as Chair ends on June 14. Sarah Grimmer, HKIAC Secretary-General, paid tribute to Mr Gearing for his contribution and said, "We now look ahead to the next exciting chapter for HKIAC under the direction of David and Rimsky, two very impressive leaders."
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From (E) BrandConnect: The 'game changer' for Hong Kong arbitration | From The New York Times: How talent, location and global links drive Hong Kong's legal tech scene |
Hong Kong has always been Asia's preferred arbitral centre. Now, its role for arbitrating China-related disputes has been strengthened with the provision of effectual procedural tools in Mainland courts, making Hong Kong the first and only jurisdiction in the world that allows its arbitrations to go to the Mainland courts for interim measures for preservation of evidence and assets. In the long-run it will be an important factor that further enhances Hong Kong as a seat of arbitration. |
Hong Kong remains a "rising star" in the legal tech field with the rule of law, a stable international banking system and a respected dispute resolution system. Its growing LawTech ecosystem includes local and international entrepreneurs, lawyers and academics who are making good use of new technology to provide legal services to clients near and far. (This content was produced by T Brand Studio) |
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From (E) BrandConnect: How LawTech is transforming HK's legal landscape | Mainland law firm opens Hong Kong office to tap growing demand for cross-border legal services |
Hong Kong is embracing current trends and initiatives in legal technology (LawTech) that are shaping the future of the entire legal services industry. A new online dispute resolution platform called eBRAM (Electronic Business Related Arbitration and Mediation) is set to shake up the process, making arbitration and mediation services cheaper, more efficient and vastly more accessible to small business owners. |
Mainland law firm Commerce and Finance Law Offices (Tongshang) announced the launch of its Hong Kong office and its association with a local law firm as part of its global expansion blueprint. |
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