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HKIAC's Revised Arbitration Rules: Reflections on the latest developments in arbitration
Author(s)
Date Issued
2013
Publisher
Hong Kong: Thomson Reuters
Journal
ISSN
1464-6595
Citation
Hong Kong Lawyer, Feb 2013, pp. 40-44.
Type
Peer Reviewed Journal Article
Abstract
The Lunar New Year brings significant changes to the Hong Kong International Arbitration Centre's ("HKIAC") Revised Arbitration Rules (the "Revised Rules"). HKIAC's Revised Rules reflect the latest developments in arbitration and aim to offer users greater choice and flexibility while making the process more efficient. Major revisions includes new caps for arbitral tribunal's fees, opportunities for joinder and consolidation of disputes, provisions for wider interim measures of protection, and the introduction of a novel procedure for appointing emergency arbitrators.
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