Dispute Resolution – Arbitration – Hong Kong

International Arbitration service in HONG KONG

 

Hong Kong has close link with Mainland China, it has bilingual advantage, cluster of professionals, independent legal system and arbitration enforcement.

 

In 2007, Hong Kong had 448 international arbitration cases, rank number 4 in the world after China, America and ICC.

 

In 2007, there are 20 cases with 2 Chinese parties in Hong Kong.

 

Average costs in Hong Kong is USD264,000 to 314,000, more or less the costs in London, (break down figures: lawyers 220,000 – 264,000, arbitrator and administration 32,000 – 38,000, miscellaneous including hotel 11,000, all in USD).

 

Ideal venue of sino-foreign arbitration, reciprocal enforcement.

 

Dispute-Resolution-Arbitration-HK