香港法改委倡导实行第三方资助仲裁

香港法改委倡导实行第三方资助仲裁

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时间:2019-03-25

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1、TheLawReformCommissionofHongKonghasrecentlypublishedadocumentforconsultationonThirdPartyFundingforArbitrationABSTRACTThethirdpartyprovidesfundingtolitigantsandthelitigantsgiveacertainproportiontothethirdpartyinreturnifheorshewinsthematch.Thiskindofmodeinrecentyearsthrivesin

2、Australia,Britain,theUnitedStatesandotherwesterncountries.Thirdpartyfundingistoallowinvestorshit“lawsuit”.Thismodelisdesignedtosolveinternationalaffairs,especiallyeconomicaffairs・ThirdpartyfundinghelpinvestorsconductprosecutionsintheICSID.Inrecentyears,thisspecialmodelisbec

3、omingpopularinEuropeandtheUnitedStatesandindustrialization,butthehighcostofarbitrationbecomesaheavyburdenforinvestorswhichisthemostimportantreasonfortheInternationalInvestmentArbitrationtobeblamed・HongKongisoneofglobal,highlyprosperousinternationalmetropolis,anditisalsothew

4、orld'sthirdlargestfinancialcenteronlybehindNewYorkandLondon,whichiscalled"Nylonkong”.WhaVsmore,HongKongenjoysahighreputationintheworldfortheimportantinternationalandregionaltransportationhubandoneofthecompetitivenessofthecitywithmost.IVseconomyisknownaroundtheworld.However,

5、theprosperityofthecityneedstohavearelativelysoundlegalsystemforsupport.WiththepopularityoftheThirdPartyFinancialArbitrationintheworld,HongKongmustkeeppacewiththeinternationalsocietyandspeedupthereformtoimprovethelegalsystem,andprovideprotectionforeconomiccooperation.TheLawR

6、eformCommissionofHongKongproposedamendmentstotheArbitrationOrdinancetopermittheimplementationoftheThirdPartyFinancialArbitrationinHongKongandtomakeclearprofessionalpersonalintegrityandfinancialstandards・TheCommitteebelievesthatthereformhelpstomaintainandenhanceHongKong'scom

7、petitivenessasaninternationalarbitrationcenter.Bythisway,HongKongwillattractmoreinstitutionsforarbitration,andarbitrationpromotion,assistfinancialshortagepartiestoseekprofit.Thecommitteeisnowonathree・monthpublicconsultationontheestablishmentofaThirdPartyFundingforarbitratio

8、nmechanism.TableofContentsABSTRACTCHAPTER1.WhatistheThirdPartyFundingforArbitratio

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