Peter Yuen, an attorney in the dispute resolution department of Freshfields Bruckhaus Deringer, (one of the world’s biggest and best international law firms) recently wrote a very informative article on Chinese arbitration law, entitled, “Supreme People’s Court: Validity of Agreements and Challenges to Awards.”
Mr. Yuen, who has been counsel in arbitration proceedings in Beijing, Shanghai, London, Singapore and Tokyo arbitrations under CIETAC, ICC, LCIA and UNCITRAL, works out of Freshfields’ Hong Kong office.
Mr. Yuen’s article focuses on the Chinese Supreme People’s Court’s recently issued interpretations of China’s Arbitration Law and it is an excellent short summary of both the interpretation itself and of where it falls short. The Court’s new interpretation provides substantial guidance on two key issues in arbitration: the validity of arbitration agreements and challenges to arbitral awards.
Because Mr. Yuen’s article is itself a summarization, rather than my simply re-hashing nearly the entire article, I suggest those interested in arbitration in China be sure to read it.