Being able to apply for interim measures in an international arbitration can be crucial for parties, especially in a constantly evolving Covid-19 world. The Hong Kong-Mainland China Interim Measures Arrangement was introduced in October 2019 and has been a game changer for parties to arbitral proceedings in Hong Kong.
In our article dated 5th October 2019, we introduced the newly in force “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”).
Stan Cheung explores the benefits and implications of the recent “Arrangement Concerning Mutual Assistance in Court-ordered Interim Measures in Aid of Arbitral Proceedings by the Courts of the Mainland and of the HKSAR” whereby parties to arbitrations seated in Hong Kong may now seek interim measures from the PRC courts.