First applications for interim relief by Mainland courts in support of Hong Kong arbitrations
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The first applications have been made under the Hong Kong-Mainland Arrangement on Interim Measures since it came into force in 1 October 2019 and one has already been granted by the Shanghai Maritime Court. Under the Arrangement, parties to certain arbitration proceedings seated in Hong Kong and administered by eligible arbitral institutions may apply to the Mainland courts for interim measures in support of such arbitrations, including orders requiring the preservation of property/assets and evidence. In this briefing, we set out the background to the Arrangement, discuss its benefits and consider some of the practical implications for clients who might want to take advantage of the Arrangement.
For the Chinese language version of this briefing, please click here.