1. The Categories of Costs in Interantional Arbitration There are mainly two categories of costs in international arbitration: (1) Cost of the reference, namely, the legal costs, expert costs and witnesses costs etc., which borne by each party respectively; (2) Costs of the award, mainly refers to the fees of arbitrators (the arbitral tribunal). (1) Cost of...Read More
The Arbitration and Mediation Legislation (Third Party Funding) (Amendment) Bill (“Bill) was passed by Hong Kong’s legislature on 14 June 2017, following recommendations in the Law Reform Commission’s Report in October 2016. The Bill, expected to come into effect later this year, seeks to change the outdated (if not antiquated) common law doctrine of maintenance...Read More