This article critically discusses the Lehman Brothers-related Investment Products Dispute Resolution Mediation and Arbitration Scheme and the proposed establishment of a permanent Financial Dispute Resolution Centre in Hong Kong in the light of regulatory gaps and other problems revealed by the...

Many states have recognised the economic importance of being ‘arbitration-friendly', and many have naturally advertised themselves as such. Beyond the catch-phrase lie these questions: What arbitration regimes are sufficiently ‘arbitration-friendly'? Looking into the past, is there a...

China's ever-expanding commercial influence has attracted global attention on how its civil and commercial disputes are resolved and how the changing landscape has developed.This compelling new book, Dispute Resolution in China, offers a detailed examination of the elements in the Chinese legal...

This chapter explores various arbitration issues from East-West and common law-civil law comparative viewpoints. The term “East” refers generally to certain prominent Asian jurisdictions (e.g., China, Hong Kong, Singapore, Japan and Korea); while the “West” represents some of the major...

Following the Introduction, in subsequent sections, international commercial arbitration ("ICA") – and in particular, the public policy exception – are identified as prime initial targets for harmonization efforts. This chapter then considers the practical mechanics of harmonizing the public...

The unparalleled economic growth of the People’s Republic of China (hereafter China, or the PRC) has resulted in a paradigm shift in its legal regime. Once a comparatively closed market to the world, China now faces an unprecedented surge of international business and movement of global...

Security for costs is one of those areas where both common law and civil law arbitration practice have much to learn from each other. In this article, I seek to present the existing legal rules surrounding security for costs in the international arbitration arena. However, it is not possible in...

There is a large body of law and finance literature suggesting that strong legal protection for investors is the key to a nation’s healthy stock market development and economic growth. Despite remarkable progress in setting up its securities market, China has often been criticized for its...