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Dec 15, 2024 | 
ijcjournal.org | Martin Wallace
Keywords: credit risk assessment, financial institutions, machine learning, predictive References . Crouhy, M., Galai, D., & Mark, R. (2000). A comparative analysis of current credit risk models. Journal of Banking & Finance, 24(1-2), 59-117. . C. Agbonkhese, H.A. Soriyan & K. Mosaku (2023). The Efficiency of Machine Learning Algorithms in the Prediction of Drug Reactions in Clinical Settings. India Journal Of computer Science and Engineering, 14(6), 891 – 901 . O.C. Ngige, F.Y. Ayankoya, J....
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Oct 21, 2024 | 
lexology.com | Simon Chapman KC |Kathryn Sanger |Antony Crockett |Helen Tang |Dana Kim |Murphy Mok | +2 more
The Hong Kong Court of First Instance has stayed proceedings before it and referred a dispute to arbitration 18 months after one of the parties obtained a default judgment on the merits (Tongcheng Travel v. OOO Securities [2024] HKCFI 2710). The court found that the parties had clearly intended to arbitrate the dispute, even though the arbitration agreement did not unambiguously designate an institution and the contract also contained an exclusive jurisdiction clause.
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Oct 14, 2024 | 
lexology.com | Simon Chapman KC |Kathryn Sanger |Antony Crockett |Helen Tang |Dana Kim |Murphy Mok | +1 more
The Hong Kong Court of First Instance has granted an anti-suit injunction and related relief in favour of a German bank to prevent a sanctioned Russian bank from pursuing Russian court proceedings in breach of an HKIAC arbitration clause (Bank A v. Bank B [2024] HKCFI 2529).
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Oct 2, 2024 | 
lexology.com | Simon Chapman KC |Kathryn Sanger |Antony Crockett |Helen Tang |Dana Kim |Murphy Mok | +1 more
In a series of recent decisions handed down within days of one another, the Hong Kong courts rejected five attempts by award debtors to set aside, resist enforcement and stay execution of awards rendered against them.
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Aug 29, 2024 | 
lexology.com | Simon Chapman KC |Kathryn Sanger |Antony Crockett |Helen Tang |Dana Kim |Murphy Mok | +1 more
The Hong Kong Court of First Instance has upheld a challenge to the enforcement of two Shenzhen Court of International Arbitration (SCIA) awards rendered by different tribunals on due process and public policy grounds primarily arising from ex parte communications between the claimant, the tribunal and SCIA (A v. R1 and R2 [2024] HKCFI 1511).
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Aug 20, 2024 | 
lexology.com | Simon Chapman KC |Kathryn Sanger |Antony Crockett |Helen Tang |Dana Kim |Murphy Mok | +1 more
The Hong Kong Court of First Instance has refused to grant a confidentiality order preventing the public disclosure of information relating to an HKIAC arbitration in parallel litigation proceedings against a related party of the arbitration respondent (Beijing Songxianghu Architectural Decoration Engineering Co., Ltd v. Kitty Kam [2024] HKCFI 1657).
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May 24, 2024 | 
lexology.com | Simon Chapman KC |Kathryn Sanger |Martin Wallace
The Hong Kong Court of First Instance has dismissed an application for the removal of arbitrators in an UNCITRAL arbitration administered by the HKIAC (P v. D [2024] HKCFI 1132). The party advancing the challenge contended that various procedural decisions and comments made by the tribunal demonstrated apparent bias.
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Nov 21, 2023 | 
lexology.com | Helen Tang |Weina Ye |Martin Wallace
The Shanghai International Arbitration Center (“SHIAC”), one of the leading arbitral institutions in the PRC, has launched new rules which will come into effect from 1 January 2024.
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Nov 8, 2023 | 
mondaq.com | Kathryn Sanger |Vanessa Naish |Martin Wallace |Elizabeth D. Kantor
A ground-breaking report on arbitrator selection suggests that
parties could secure improved outcomes by adopting more formalised
processes and actively taking account of diversity considerations
(see "The Usual Suspects: Decision-Making in Arbitrator
Selection", available here).
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Nov 3, 2023 | 
lexology.com | Kathryn Sanger |Vanessa Naish |Martin Wallace |Elizabeth D. Kantor
A ground-breaking report on arbitrator selection suggests that parties could secure improved outcomes by adopting more formalised processes and actively taking account of diversity considerations (see “The Usual Suspects: Decision-Making in Arbitrator Selection”, available here).
