Groundbreaking Arrangement Allowing Interim measures in Mainland China for Hong Kong Arbitrations
04 April 2019
On 2 April 2019, the HKSAR Government and the Supreme People’s Court of the People’s Republic of China signed the “Arrangement Concerning Mutual Assistance in Court-ordered Interim Measures in Aid of Arbitral Proceedings by the Courts of the Mainland and of the HKSAR” (the Arrangement).
This is significant as it provides a means for parties to a Hong Kong-seated arbitration to seek interim measures from the Mainland Chinese courts, an option which was previously only available for arbitrations seated in Mainland China. This has implications on the choice of dispute resolution forum in China-related transactions.