Hong Kong court clarifies test for security pending set aside application | Practical Law

Hong Kong court clarifies test for security pending set aside application | Practical Law

In Dana Shipping and Trading SA v Sino Channel Asia Ltd [2016] HKEC 599, the Hong Kong Court of First Instance (CFI) considered the test under section 89(5) of the Arbitration Ordinance for granting security for the award, pending an application to set aside the award at the seat.

Hong Kong court clarifies test for security pending set aside application

Practical Law UK Legal Update Case Report 6-625-7109 (Approx. 4 pages)

Hong Kong court clarifies test for security pending set aside application

by May Tai, Simon Chapman and Briana Young, Herbert Smith Freehills
Published on 30 Mar 2016 • Hong Kong - PRC
In Dana Shipping and Trading SA v Sino Channel Asia Ltd [2016] HKEC 599, the Hong Kong Court of First Instance (CFI) considered the test under section 89(5) of the Arbitration Ordinance for granting security for the award, pending an application to set aside the award at the seat.