Arbitration

IBA releases toolkit on insolvency and arbitration

The International Bar Association has released a toolkit providing guidance for when a party to an arbitration is subject to insolvency proceedings.

08 April 2021

Hong Kong court blocks Spanish cosmetics maker’s winding-up petition

A Spanish cosmetics manufacturer has been prevented from bringing a winding-up petition against a Chinese partner company, after a Hong Kong court found there was evidence of a “genuine and serious” cross-claim following separate arbitration awards last year.

16 March 2021

Funder applies to wind-up Cayman client after Albanian bailiff seizes award

An Australian disputes funder has applied to wind up its Cayman oil company client after discovering that a US$12.6 million arbitral award it helped secure was sequestered by a bailiff in Albania.

15 February 2021

Allen & Overy’s China joint operation opens in Beijing with Fangda team

Allen & Overy’s Chinese associate firm Lang Yue has opened a new office in Beijing with the hire of a Fangda Partners team led by Melody Wang, who was creditors’ counsel in the first mainland Chinese liquidation to be recognised in Hong Kong.

01 February 2021

Zambian court halts miner’s liquidation while arbitration proceeds

A Zambian court has reportedly blocked winding-up proceedings for a copper mining joint venture between a local state-owned entity and the UK’s Vedanta Holdings, pending the resolution of an arbitration between the parties.

24 November 2020

Chinese arbitration clause fails to save Pacific Andes affiliate from winding-up

A Hong Kong affiliate of the industrial fishing group Pacific Andes cannot rely on a Chinese arbitration clause to protect itself from winding-up proceedings because the clause was irrelevant to its debt, a court has found.

10 November 2020

Hogan Lovells adds new partners in Singapore and Paris

Hogan Lovells has hired a new restructuring partner in Singapore from K&L Gates, and welcomed back a former member of its Paris employment practice with restructuring experience.

06 October 2020

Insolvent solar investor fails in claim against Italy

An arbitration tribunal has rejected an insolvent solar investor’s claim against Italy, finding that reforms to the country’s renewable energy regime were not irrational or arbitrary.

10 September 2020

Malta first: winding-up stayed in the face of bona fide dispute

In a first of its kind ruling, a Maltese court has stayed a winding-up application against local aircraft conversion company Eolia, finding evidence of a bona fide dispute.

06 August 2020

BVI court favours Hong Kong arbitration over liquidators

A British Virgin Islands court has dismissed an investment fund’s attempts to appoint liquidators over local company Fair Cheerful, finding a dispute between the parties should be arbitrated in Hong Kong.

20 July 2020

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