Hong Kong Court reaffirms the importance of strict adherence to time limit for applications to set aside arbitral awards
In ABC v D, Linklaters represented the respondent in successfully resisting an application to set aside an arbitral award (the “Application”). The Application was dismissed by the Hong Kong Court of First Instance on the ground that it was late for seven days and no good reasons were given to explain the delay.
This case is the latest demonstration of the pro-arbitration stance of the Hong Kong Courts and their preparedness to uphold the finality of an arbitral award by refusing steadfastly to extend the statutory deadline of three months for making an application to set aside an arbitral award in the absence of good reasons.
