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United Kingdom

Hong Kong CFI stays proceedings: non-signatory officer may enforce Singapore-seated SIAC arbitration clause; court rejects artful pleading and stresses minimal use of confidential arbitration materials

Published on: 10 March 2025

Published by a LexisNexis Arbitration expert
Legal News
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Article summary

TECHTERYX LTD (suing on behalf of itself and Plaintiff the 1st Defendant) and LEGACY TRUST COMPANY LIMITED 1st Defendant CROSSBRIDGE CAPITAL ASIA PTE LTD 2nd Defendant ARIA COMMODITY FINANCE FUND 3rd Defendant TRUECOIN LLC 4th Defendant CHRISTIAN ALEXANDER BOEHNKE DE 5th Defendant LORRAINE-ELBEUF (also known as ALEX DE LORRAINE) [2025] HKCFI 787

What are the practical implications of this case?

Pursuant to section 20 of the Arbitration Ordinance (Cap. 609), which gives effect to Article 8 of the UNCITRAL Model Law, the Hong Kong court must suspend court proceedings in favour of arbitration where the dispute falls within an arbitration agreement, save where the agreement is held to be null and void, inoperative, or incapable of performance. The ruling provides another illustration that a stay can be granted even where parties who did not sign are bound by, or permitted to rely upon, the relevant arbitration agreement...

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