Summary
- While multi-party/ multi-contract arbitrations are not unique to the Hong Kong International Arbitration Centre (HKIAC), the prevalence of these disputes has prompted further guidance on consolidation mechanisms
- HKIAC continues
New Guidance on the Compatibility of Arbitration Clauses in Order to Facilitate the Consolidation of Multi-Party and Multi-Contract Arbitrations in Hong Kong
The guidance on the compatibility of arbitration clauses further strengthens Hong Kong as the preferred seat of arbitration for China-related investments
By Brian Chan