Hong Kong Court extends indemnity costs principle to arbitration agreement challenges | Practical Law

Hong Kong Court extends indemnity costs principle to arbitration agreement challenges | Practical Law

In Chimbusco International Petroleum (Singapore) Pte Ltd v Fully Best Trading Ltd (HCA 2416/2014), the Hong Kong Court of First Instance (CFI) considered whether the general principle of ordering costs on an indemnity basis in the case of an unsuccessful challenge to an arbitral award would apply equally to the present case involving an unsuccessful challenge to an arbitration agreement.

Hong Kong Court extends indemnity costs principle to arbitration agreement challenges

Practical Law UK Legal Update Case Report 3-621-1306 (Approx. 5 pages)

Hong Kong Court extends indemnity costs principle to arbitration agreement challenges

by Simon Chapman (Partner), May Tai (Partner), Tiffany Chan (Associate) and Briana Young (Professional Support Lawyer), Herbert Smith Freehills
Published on 15 Dec 2015 • Hong Kong - PRC
In Chimbusco International Petroleum (Singapore) Pte Ltd v Fully Best Trading Ltd (HCA 2416/2014), the Hong Kong Court of First Instance (CFI) considered whether the general principle of ordering costs on an indemnity basis in the case of an unsuccessful challenge to an arbitral award would apply equally to the present case involving an unsuccessful challenge to an arbitration agreement.