Han Kun Successfully holds Seminar: “Cross-border Transaction Dispute Resolution: Selection and Application of Hong Kong and Mainland China Legal Measures”
2017-05-02
Hong Kong Special Administrative Region ("Hong Kong") plays an important role in Chinese cross-border investments, financings and trade due to its special geographical location, economic status and legal and judicial systems. Chinese enterprises have been experienced a dramatic increase in cross-border transactions with the Chinese government's implementation of its "Going Out" strategy and the advancement of "One Belt, One Road" initiative. It is increasingly common for parties to these cross-border transactions to choose Hong Kong law as the governing law and Hong Kong's local court or arbitration institution as the administrator of any disputes that arise. It is therefore necessary for us to compare the characteristics and advantages of the Hong Kong and Mainland China legal systems in order to choose the governing law for cross-border transaction documents, design dispute settlement mechanisms and select provisional litigation and arbitration measures. In addition, we must also comprehensively assess the feasibility of implementing Hong Kong court rulings and provisional measures in Mainland China and the feasibility of mutual recognition and implementation of rulings and provisional measures between Hong Kong and Mainland China.
On April 26, Han Kun and Wolters Kluwer jointly held a seminar entitled "Cross-border Transaction Dispute Resolution: Selection and Application of Hong Kong and Mainland China Legal Measures." Mr. Andy Liao, a partner in Han Kun's Dispute Resolution and Intellectual Property Practice, and Ms. Bowye Chan, a partner with Han Kun's associated law firm in Hong Kong, made presentations at the seminar. Mr. Liao and Ms. Chan shared their opinions with respect to the selection of governing law for cross-border transaction documents and the design of dispute resolution mechanisms for cross-border transactions. The two also comprehensively discussed and analyzed mediation mechanisms in Hong Kong and Mainland China, the comprehensive application of legal measures and the division of labor in the litigation process. At the Q&A session, Mr. Liao and Ms. Chan also answered questions from the participants.
Mr. Andy Liao, partner in the Han Kun Dispute Resolution and Intellectual Property Practice, Ms. Bowye Chan, partner with Han Kun's associated law firm in Hong Kong and Partner Eric Liu at the Q&A session.
The seminar was a complete success, and attracted legal counsels from a number of well-known enterprises, including CCB Investment, Minsheng Investment, China Huarong, CICC, ZEG, Founder H Fund, BBMG, Sinomach, RiverHead Capital and Bestseller.
