ICC-HK Lunch Briefing on ¡§Award of Interest, Costs and Expenses in ICC Arbitration ¡V Generally and in Hong Kong¡¨ by Ms Kim Rooney on 26 May, 2010
ICC-HK has organized a new series of lunch briefings on different topics of ICC Arbitration/international arbitration from May to December, 2010, with a different speaker each time. We have invited Ms Kim Rooney to speak at the first lunch briefing. The details of the talk are as follows:
| Date : |
26th May, 2010 (Wednesday) |
| Time : |
12:30 pm - 2:00pm |
| Venue : |
Gilt Chambers, 8/F., Far East Finance Centre, 16 Harcourt Road, Hong Kong.
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| Cost |
HK$220 for non-ICCHK members, HK$200 for ICC-HK members |
CPD Point |
1 CPD point is being applied |
Speaker: Ms. Kim Rooney is a barrister practicing in international arbitration and dispute resolution in Hong Kong and around Asia. She has practiced in Hong Kong since 1990 and was formerly a partner of an international law firm based in Hong Kong and the head of their Asian dispute resolution practice. She regularly serves as an arbitrator. Among other bodies, she is a member of the ICC Arbitration Commission, on behalf of Hong Kong, and of the ICC Taskforce on the Review of the ICC Rules.
The speaker will address in the context of the award of interest, costs and expenses:
- The relevant ICC Rules
- ICC practice
- The relevance of contractual provisions
- The relevance of the governing law of the contact
- The relevance of the law of the place or seat of the arbitration
- The relevance provisions of the Hong Kong Arbitration Ordinance (Cap 341)
- Evidence and submissions
- Partial and Final awards
Seats are limited and on a first come, first served basis. Interested parties, please kindly download the registration form here and return it to 2869 0360 for reservation and then followed by your cheque on or before 18th May, 2010.
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ICC
Arbitration Information
The Supreme People¡¦s Court has confirmed the Enforceability in Mainland China of ICC Arbitral Awards and other awards made in Hong Kong
The Supreme People¡¦s Court of Mainland China recently issued a notification to the Mainland Chinese Higher People¡¦s Courts, confirming that ICC arbitral awards made in Hong Kong and arbitral awards made in Hong Kong under other foreign arbitration institutions¡¦ rules, as well as ad hoc arbitral awards made in Hong Kong, are enforceable in Mainland China under the 1999 Arrangement on Mutual Enforcement of Arbitral Awards between Mainland China and the Hong Kong SAR.
Dated 30 December 2009, the notification clarifies that ad hoc and institutional arbitral awards rendered in the Hong Kong Special Administrative Region are enforceable in Mainland China subject to Article 7 of the Arrangement concerning Mutual Enforcement of Arbitral Awards between the Mainland and the Hong Kong Special Administrative Region, which became effective from 1 February 2000. Article 7, which mirrors Article V of the New York Convention, lists limited grounds on which enforcement and recognition of awards may be refused.
The awards to which the notification applies specifically include those rendered under the auspices of the International Court of Arbitration of the International Chamber of Commerce. Any doubt over the enforceability of such awards in Mainland China should now be removed.
The notification is a welcome step forward. It is likely to boost Hong Kong¡¦s development as a seat for international dispute resolution. ICC already has a growing caseload in the region, administered from the Asia branch of the ICC Court Secretariat based in Hong Kong. Industry experts have predicted that the clarification brought by the notification of the Supreme People¡¦s Court will reinforce ICC¡¦s position and give it added appeal for administering cases relating to China.
To see more information of ICC, please click http://www.iccwbo.org/court/
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