The Hong Kong International Arbitration Center introduced a new version of its Administered Arbitration Rules (2018 Rules) which came into effect on November 1. The 2018 Rules introduces amendments relevant to the use of technology, third party funding, multi-party and multi-contract arbitration, among others. Alfred Ip of Hugill & Ip summarizes the newly enforced amendments.
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The 2018 Rules introduce amendments relevant to the use of technology, third party funding, multi-party and multi-contract arbitrations, the early determination of disputes, alternative means of dispute resolution, emergency arbitrator proceedings, and time limits for the delivery of awards.
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