Arbitration
From Paris to Hong Kong: ICC Court plenary heads to Asia for first time
For the first time in its almost 100-year history, the International Court of Arbitration of the International Chamber of Commerce (ICC) will this week conduct a plenary meeting outside its home city of Paris.
As part of an on-going effort to expand the geographical presence of the ICC Court, the first-of-its-kind session will take place on 30 June in Hong Kong-a city chosen as the place of arbitration in 11 out of 12 ICC cases seated in China in 2015.
Court President Alexis Mourre will chair the session to be held at the Department of Justice in Hong Kong, bringing together approximately 40 members of the Court and Secretariat for discussions on a range of case management matters put before the Court for review. The Court session will wind up a week major ICC events in Hong Kong, including a meeting of the ICC Commission on Arbitration and ADR and ICC’s 2nd Asia Conference featuring Rimsky Yuen, Hong Kong Secretary of Justice as keynote speaker.
As Asia continues to evolve as a key market for ICC Arbitration we will continue to develop our presence in the region to deliver on our commitment to bring our services and expertise within easier reach of the global business community.
ICC’s unique global presence
Internationalism and high-quality services were cited as qualities that made ICC the world’s preferred arbitral institute according to a 2015 market survey conducted by the Queen Mary University of London.
According to new ICC statistics, the number of parties from Hong Kong more than doubled over the course of the past year-reflecting strong growth seen throughout Asia, with the region providing close to a quarter of all parties in new ICC cases in 2015.
“As Asia continues to evolve as a key market for ICC Arbitration we will continue to develop our presence in the region to deliver on our commitment to bring our services and expertise within easier reach of the global business community,” said Court President Alexis Mourre.
Earlier this month, ICC announced the appointment of 16 new Court members, with increased representation from Hong Kong and other regions in Asia. The announcement came just days after the Court celebrated the inauguration of its Shanghai Representative Office with a launch ceremony and conference bringing together close to 140 governmental officials, lawyers, in-house counsels and academics.
