David Smyth and David Luk of Smyth & Co (in association with Reynolds Porter Chamberlain LLP), review Hong Kong’s new Financial Dispute Resolution Scheme and highlight some pertinent issues that may arise for prospective claimants, financial institutions and their in-house lawyers.
With labour tribunal cases on the rise, Japanese companies should pay extra attention to their employment arrangements, say Yumiko Ohta and Mark Weeks of Orrick, Herrington & Sutcliffe.
In this month’s Special Report on dispute resolution, we take a look at how Asia Pacific’s role as an international centre for dispute resolution, particularly arbitration, has grown against a backdrop of increasing cross-border transactions. As demand has grown exponentially, so Asia’s leading arbitration centres – including HKIAC, KCAB and SIAC – have moved with the times to maximise the services they provide in a constantly evolving legal framework. We examine some of the key new laws which have shaped dispute resolution in 2010 and outline some of the challenges in pursuing justice through both litigation and arbitration.
In our latest edition we take a look at the state of play in South Korea, from how cash-rich companies are making their mark on the international stage to the impending liberalisation of the Republic’s legal sector. We also hear from leading firms as to how South Korea is enticing foreign companies to list on the Korea Exchange, whether we are witnessing a turning point in the country’s M&A market, and why parties embarking on deals with a South Korean element can feel confident they will get a fair go from the nation’s arbitration legislation and court system, should disputes arise.
International arbitration can be an expensive exercise, but there are ways
to contain costs, explains barrister Kim M. Rooney as she takes a look at
arbitration administered under the rules of the International Chamber
of Commerce.
In the latest issue of Asian-Counsel, we uncover the lofty aims of several arbitration centres in the region. We also receive comprehensive updates from a host of leading law firms, and the SIAC, as to the state of dispute resolution across the Middle East, Vietnam, South Korea, India, Hong Kong and Singapore.